Gamasutra is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
June 26, 2019
arrowPress Releases







If you enjoy reading this site, you might also want to check out these UBM Tech sites:


Report: Ubisoft, EA Hold Introductory Talks

Report: Ubisoft, EA Hold Introductory Talks

February 16, 2005 | By Simon Carless

February 16, 2005 | By Simon Carless
Comments
    Post A Comment
More: Console/PC



According to reports in the Wall Street Journal, game development/publishing giant Electronic Arts and French-headquartered publisher Ubisoft are now holding informal talks, following EA's unexpected purchase of 20% of Ubisoft's shares.

EA's block of shares were purchased from Dutch media tycoon John de Mol, and his investment vehicle Talpa Beheer BV. At the time, Ubisoft CEO and co-founder Yves Guillemot commented of EA's purchase: "I have stated on the record that I view this action on the part of EA as hostile", and further marked of future concerns: "When looking at the longer-term, our only concern is the risk that we may not be allowed to fully realize our vocation of being creators of high quality games."

The Ubisoft CEO also expressed disappointment following the transaction that Electronic Arts had not formally or informally contacted him before making the share purchase, which has sent Ubisoft shares soaring up almost 100% to 32.90 Euros ($42.80) since the late December revelation.

But, according to Reuters, any initial Ubisoft talks with EA are likely "running parallel with other approaches that family-run Ubisoft is making" to possibly help stave off a hostile takeover, meaning that the alleged talks do not necessarily signify a change of tack from Ubisoft management.


Related Jobs

Insomniac Games
Insomniac Games — Burbank, California, United States
[06.26.19]

Lead Material Artist
Digital Extremes Ltd.
Digital Extremes Ltd. — London, Ontario, Canada
[06.26.19]

Senior Lighting Artist
Yacht Club Games
Yacht Club Games — Marina del Rey, California, United States
[06.25.19]

Marketing / Community Manager
Behaviour Interactive
Behaviour Interactive — Montreal, Quebec, Canada
[06.25.19]

Senior Game Designer









Loading Comments

loader image