Vivendi to Takeover Ubisoft This Year, Report Says | Just Pause

Vivendi to Takeover Ubisoft This Year, Report Says

For the past couple of years, Vivendi has been attempting a take over Ubisoft as part of its expansion back into the gaming arena. Vivendi Games previously became defunct following the merger with Activision and subsequent spin-off.

Ever since reports came out in 2015 of a potential takeover, the Guillemot family, founders and owners of Ubisoft, have been busy at the helm fighting off this intrusion. In October 2015, Vivendi first bought a 6% stake in Ubisoft, rising to over 25% by the end of 2016. According to French law, once any stakeholder owns over 30% interest in a company, there must be a public offer to purchase the company.

Two sources close to Vivendi said the following:

Vivendi is moving to the second phase, everything will take place this year.

The logical thing would be to buy Ubisoft.

The future of a Vivendi owned Ubisoft is unclear, but there is already one clear example of what the future would hold. Look no further than Gameloft, a company founded by a member of the Guillemot family, as they were bought out last year by Vivendi.

While this news is not strictly related to Nintendo, this would be one of the biggest industry shakeups of the last few years and we will be sure to bring you more news as it develops.

This all comes following an exclusive report published by Reuters yesterday, which can be read here.