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Vivendi buys stakes in Ubisoft, Gameloft

6.6 per cent stake in Ubi bought for €140 million, 6.2 per cent of Gameloft cost €5 million

The multinational media company Vivendi has acquired minority stakes in both Ubisoft and Gameloft, representing 6.6 per cent and 6.2 per cent of their respective stock.

The price of the investments was €140.3 million for Ubisoft and €5.24 million for Gameloft, a vast difference given the proportional similarity of the stock. Vivendi offered little in the way of comment on the deals, beyond they were signed, "with a view to utilizing its available cash."

Gameloft is certainly the more questionable of the two investments. The French mobile company has been the subject of several negative stories in recent months, including reported job cuts in Tokyo and the closure of its Seattle office, one of seven "unprofitable" studios to be closed in 2015 so far.

Vivendi has long been associated with the industry, operating the Vivendi Games publishing unit until 2008. That ended when it merged with Activision, forming Activision Blizzard, and its direct involvement with games publishing culminated when Activision CEO Bobby Kotick led an $8 billion buyout in 2013.

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Latest comments (3)

Nicholas Lovell Founder, Gamesbrief2 years ago
What! Why?!

OK, need to go away and think about this for a while, but some immediate thoughts are "French companies trying to keep Ubisoft French" (but who from, and why). The idea that Vivendi is rediversifying into being a holding congolmerate is.... weird.

Hmmm, would welcome insight from anyone in the community who can help make sense of this deal.
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Tudor Nita Lead Programmer, Gameloft Romania2 years ago
Vivendi was always (and is) a holding conglomerate. Games being a small part of the shares they hold ( even during the Activision days ).

As to why re-enter the game market again ( except GL and UBI shares going up recently ) ? Anyone's guess.
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Klaus Preisinger Freelance Writing 2 years ago
Sometimes Japanese movies get remade by Hollywood. This time, the Nexon-NCSOFT drama gets remade by the French. Now what if Vivendi tried to force Ubisoft to hire Kojima?

Edited 1 times. Last edit by Klaus Preisinger on 22nd October 2015 3:42pm

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