Ubisoft’s Guillemot Family Raising Its Stakes In Company To Fend Off Vivendi

Pull through, Ubisoft!

Posted By | On 27th, Jun. 2017

Ubisoft is one of the best major publishers in the industry- a major publisher of AAA games that tries to create new IP, rework existing ones, one that is open to new experiences, to supporting all systems, to gambling on new technology, to paying heed to fan feedback. Which is why the threat of the Vivendi buyout has had so many Ubisoft fans nervous- Vivendi is a massive conglomerate, and Ubisoft is unlikely to be the same, were it to be absorbed by it.

To fend off Vivendi, which now has the largest individual stake in the company, the Guillemot family, which founded Ubisoft to begin with, has increased its stake and holding in the company, according to a report by Reuters. A filing from the AMF stock market regulator reveals that the Guillemot family now holds 13.6 percent of Ubisoft’s share capital, and 20.02 percent of the company’s voting rights.

Will this be enough to hold Vivendi off? We don’t know. But we can only hope that the company is able to retain its independence. The industry needs Ubisoft to continue being Ubisoft.


Tagged With:

Amazing Articles You Might Want To Check Out!

Share Your Thoughts Below  (Always follow our comments policy!)



Keep On Reading!

Destiny 2 Will Remove Legacy Gear Power Limits in The Final Shape

Destiny 2 Will Remove Legacy Gear Power Limits in The Final Shape

There's no "recovery mechanism" for those who deleted their Legacy items, but Bungie will reintroduce sources ...

Destiny 2: The Final Shape Will Let You Boost Friends to Your Power Level

Destiny 2: The Final Shape Will Let You Boost Friends to Your Power Level

Players with the highest Power become the Power Leader and can thus raise teammates to five levels below their...

Destiny 2: The Final Shape Teases Upcoming Omen, Attendant and Grim Enemies

Destiny 2: The Final Shape Teases Upcoming Omen, Attendant and Grim Enemies

While the Omen and Attendant use Strand to crowd-control players, the Grim shoots from above, stunning them wi...

No Rest for the Wicked Trailer Highlights Positive Early Access Impressions

No Rest for the Wicked Trailer Highlights Positive Early Access Impressions

Moon Studios' Souls-like action RPG is available for PC via Steam Early Access and has received some praise de...

Counter-Strike 2 Update Adds Left-Hand Aiming, Dropped Weapons Panel, and More

Counter-Strike 2 Update Adds Left-Hand Aiming, Dropped Weapons Panel, and More

Dust 2 also returns with Overpass removed from the Active Duty map pool. Other maps like Inferno, Baggage and ...

SAND LAND is Out Now

SAND LAND is Out Now

Bandai Namco's action RPG based on Akira Toriyama's manga is playable on Xbox One, Xbox Series X/S, PS4, PS5, ...