ETC Bye bye Ubi?

Guess who wants to buy Ubi? Nintendo? No. Sony? No. Microsoft? No. Of course, as no one will have guessed, it's EA.

You may remember back in December last year EA announced they had acquired 19.9 percent of the company, in an action Ubisoft bosses saw as hostile. "That tactical 20 percent does not help. It's a very bad start," Yves Guillemot, Chairman and CEO of Ubisoft said, adding that "it would be wrong to go with the first guy who wants to buy the company."

It is worth noting EA is currently the largest shareholder of Ubisoft, surpassing the Guillemot brothers, though EA lacks the right to vote on company actions. Guillemot is in "no rush" to sell Ubisoft, saying "our turnover is very good. We see our market share improving, so there's no rush to sell."

While Ubisoft seem unwilling for EA to buy them out (which will be a relief to those gamers critical of the publishing behemoth that is Electronic Arts), Guillemot added that "if someone comes with a very good offer, that will be very interesting ... I'm going to consider it."

Posted on 30-05-2005 by skarma

Comments

  • Hmmm... I pretty much dislike EA.

    Nintendude, 30-11--0001 at 00:00
  • It's not gonna happen. In a recent interview with Guillemot, he said "we have broken all talks with EA", and many other things that they absolutely hate the company, and would never wanted to be bought by EA. They are talking with multiple Chinese countries though. I don't know the names of them, but there were quite a few interested in Ubi.

    Thomas, 30-11--0001 at 00:00
  • I want Ubisoft to stay where they are, or ninty buy em :P

    skarma, 30-11--0001 at 00:00
  • EA are dogs!!! I don't like them, all they care about is money >=(

    tiamat1990, 30-11--0001 at 00:00
  • I wonder whether EA eating up all small companies would actually help magnify the importance of what Nintendo is doing. It might, I think.

    flaight, 30-11--0001 at 00:00

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