Vivendi has sold its stock in Ubisoft, giving up on its hostile takeover

    
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Cool.

Winners never quit, we’re told. So what does that mean in light of Vivendi divesting itself of Ubisoft shares? The investment in Ubisoft (well-known for The Crew, The Division, and other titles we don’t really cover here) was long seen as the start of a hostile takeover attempt, which means that selling the 27 percent that Vivdeni (well-known for formerly owning Blizzard) owned represents the company, well, giving up on that plan.

It’s not entirely clear why Vivendi abandoned the hostile takeover attempt, but as part of the sales agreement Vivendi cannot buy any stock in Ubisoft for the next five years, which means that it appears to be well and truly ended. So, good news if you don’t want Vivendi to be in charge of Ubisoft, bad news if… you did want that? Corporate antics are always a thrill a minute.

Meanwhile, Ubisoft has pushed further into China.

“Today, Ubisoft and Tencent announced a strategic agreement in which Tencent will operate, publish and promote several of Ubisoft’s most successful titles on PC and mobile in the Chinese market. The deal strengthens ties between one of the world’s leading videogame developers and the largest operator of online games and social networks in China.”

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Bývörðæįr mòr Vas´Ðrakken

it is french law. they failed to gain controlling interest in the company after gaining 25% of the out standing shares, they had either buy it out in entirety or sell it off. Vivendi is a french company they did not have a choice on that once they started investing in a company. I can quote the laws but if you don’t read french then it is a meaningless link.

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Jack Pipsam

That is good news for Ubisoft, Vivendi was nothing but bad news.

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A Dad Supreme

It’s good news if you are looking forward to Ubi products like The Division 2.

It shows that the value is pretty high if Vivendi was trying to take it over, but ultimately couldn’t pull it off.

deekay_plus
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deekay_plus

for now tencent is a benevolent overlord to western game companies. for now.

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Duey Bear

Yeah, they work too closely with the Chinese government for my comfort, but at the same time they have worked to soften the Communist Party’s grim view of video games and have helped preserve the future of gaming in China (at the cost of some personal freedom, but I feel the Chinese government would have taken additional freedoms anyway.)

deekay_plus
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deekay_plus

chinese communist party’s stance on gaming isn’t too much different than other (democratic/less authoritarian) government’s stance and legislation on gaming.

it tends to be more the economic stuff and business deals that differs. for example the korea vs china software/gaming trade war due in part to chinese law requiring games be published by chinese games in china. on top of lack of enfocement for IP theft of (korean among other origins) games by chinese companies for the chinese market.

which is what alot of the big trade deal (TPP)’s stickign points have been have been wrt to IP stuff in particular (tho far from the whole of it).

deekay_plus
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deekay_plus

i think biggest thing to watch for here is if the typical ubisoft story tropes change at all to adhere to chinese censorship demands that all entertainment companies doing business in china have to deal with.

idk that any of them really clash with that paradigm at all but sometimes you can’t really guess what they will allow vs what they won’t.