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EA Looking at Ubisoft?

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Kalia
WarCry Editor
Posts: 3023
Joined: 19 Jan 2006

EA Looking at Ubisoft?

Gamecyte.com has some interesting information about a website purchase this past week that may indicate a take over of Ubisoft by spurned Take 2 buyer, Electronic Arts (EA):

Ever since the Activision-Vivendi merger, there has been talk in the game industry that EA would try to acquire more developers and publishers to try to compete against the new, monolithic Activision Blizzard. As early as December, according to EA CEO John Riccitiello, EA was contemplating making an acquisition bid for Take-Two Interactive, and their $2 billion offer was made public over the weekend after Take-Two's board rejected the offer. We know all of this because EA kindly created a website called EATake2 with an explanation of their offer. The original offer, for $25 per share, was presented on February 15th, and the public only became aware of if it over the weekend.

Riccitiello makes it clear that they originally wanted to conduct this negotiation in private but that Take-Two's response compelled them to go public. It is certainly possible that EA may have entered into private negotiations with other studios. We at GameCyte did some digging and noticed something curious.

Check out the domain registration information at GameCyte.

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Suzie "Kalia" Ford
WarCry Network Editor
kalia@warcry.com

teedle
Posts: 280
Joined: 11 Aug 2006

EA looking to buy someone out??? What a surprise

Kalia
WarCry Editor
Posts: 3023
Joined: 19 Jan 2006

teedle:
EA looking to buy someone out??? What a surprise

LOL!

Add me as your friend so we can earn a BADGE!

Suzie "Kalia" Ford
WarCry Network Editor
kalia@warcry.com

 
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