NEWS - Tuesday, May 31, 2005

Ubisoft Defends Against EA

Ubisoft Calls for Defense Against EA At this year’s Electronic Entertainment Expo Ubisoft president Yves Guillemot urged stockholders to resist a hostile takeover by titanic rival Electronic Arts, according to the BBC News. Guillemot’s comments are the latest reaction to EA’s 20% Ubisoft grab last December. The French publisher described the action as "hostile" early on, and since pledged to resist a buyout, even asking the French government for assistance. Hoping to convince investors to hold their ground, Guillemot says Ubisoft’s value should double in the next two years as the company aggressively invests in its strongest brands, such as Splinter Cell, Ghost Recon, and Prince of Persia. "We prefer by far to remain independent as we will be able to double our value in the next two years as we will double our effort," the BBC News article quotes Guillemot. "We are in a business of creation," he added, "we need to keep the creativity and that is the value of the company." Of course, an stronger offering from Ubisoft could make the company even more tantalizing to EA. We’ll be back with more as the situation develops.


Site Statistics

Registered Members: 43,987
Forum Posts: 725,150
Xbox One Titles: 657
Xbox 360 Titles: 1,084
Xbox 360 Kinect Titles: 95
Xbox 360 Arcade Titles: 583
Xbox Titles: 847
Staff Reviews: 1,449
Member Reviews: 10,339
News Articles: 13,093
Screenshots: 28,876
Xbox 360 Achievements: 45,112
Xbox 360 Faceplates: 2,016
Cheat Codes: 1,706

Latest News

See News Archives

Community Forum Activity

Post by oryanphine
0 Replies, 19 Views

Games with Gold for November - Count me in
Post by TheOutcast-XBA
3 Replies, 81 Views

Xbox One Edition Limitee Borderlands The Handsome Collection
Post by oryanphine
1 Replies, 55 Views

Xbox One Edition Limitee et controllers
Post by oryanphine
3 Replies, 84 Views

GOW 4 Horde Credit and XP Earn Rate Updates
Post by Nato King
1 Replies, 88 Views

Post by Nato King
1 Replies, 80 Views

Red Dead Redemption 2 releasing Fall 2017
Post by Nato King
5 Replies, 139 Views

Xbox One S Protoype Zebra
Post by oryanphine
3 Replies, 179 Views

Xbox One South Korea Edition Limitee Mother Pearl
Post by oryanphine
1 Replies, 119 Views

Xbox One Official China Edition limitee Lunar New Year Monkey 2016
Post by oryanphine
2 Replies, 134 Views

Xbox Play Anywhere Set up.
Post by Nato King
6 Replies, 195 Views

CONTEST! Win a copy of Worms W.M.D.!
Post by Variation-XBA
9 Replies, 383 Views

The Gears of War 4 Live Broadcast Airs Today
Post by Nato King
7 Replies, 226 Views

Post by Nato King
9 Replies, 274 Views

Spoiler: First 12mintues of Battlefield 1
Post by Nato King
9 Replies, 264 Views

© 2000-2016 - All rights reserved. All trademarks are properties of their respective owners.
Xbox is a registered trademark of Microsoft. is not affiliated with Microsoft.

Made in Canada
Site Design by Cameron Graphics