Vivendi have returned to the games business by purchasing stake in Ubisoft and Gameloft.
The French company sold its controlling stake in Activision Blizzard for more than $8 billion. The company claimed they wanted to focus on TV and music sides of their business.
The Washington Post details Vivendi has purchased a 6.6 percent stake in Ubisoft for 140 million euros, as well as spending a further 20 million euros for a 6.2 percent holding in Gameloft. The purchases have prompted a rise in share prices for both companies equal to 14 percent and 17 percent respectively.
Ubisoft and Gameloft have expression their intentions to “remain independent” following the purchases.
Ubisoft has an impressive line up of upcoming games, including Assassin’s Creed Syndicate, and Rainbow Six Siege. On top of this is the recently revealed Far Cry Primal, which looks to take the series to the prehistoric Stone Age just as Blood Dragon took it to the neon heavy future.
Gameloft is a publisher of mobile titles. They work on titles based on properties such as Ice Age and CSI.
Does the return of Vivendi worry you? Does this stock news mean anything to you as a gamer? Let us know in the comments below.