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On Ubisoft's Independence

Game maker Ubisoft fights back (thanks Mike Martinez) describes how Ubisoft boss Yves Guillemot is asking the board of directors to resist further overtures from EA (story), owner of 20% of the company (story). Here's word on their quest to remain independent:

"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," said Mr Guillemot.

"The profits of the company will grow fast because the products are selling well and generating lots of revenue."

"If our shareholders are happy with what we do they will not sell their shares, they will keep them as it is a great investment for them," he said.

Ubisoft's sales have risen fast over the past five years, hitting 537m euros (389m) in the 2004-2005 financial year.

Eight of its games, such as Splinter Cell and Prince of Persia, sold more than 17 million copies worldwide.

"We are in a business of creation," said Mr Guillemot, "we need to keep the creativity and that is the value of the company."

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10. Re: Oh puhleeeze May 30, 2005, 15:39 4D-Boxing
 
The Half Elf,

You're 100% correct! I was going to post the same thing.

 
Previous Post Next Post Reply Quote Edit Delete Report
 
    Date Subject Author
  1. May 30, 14:14 Resist! Bludd
  2. May 30, 14:16 No subject MeatForce
  3. May 30, 14:30 Oh puhleeeze The Half Elf
  4. May 30, 14:42  Re: Oh puhleeeze MrShoop
  6. May 30, 14:45   Re: Oh puhleeeze  famished 
  5. May 30, 14:44  Re: Oh puhleeeze Tehol
  11. May 30, 16:03   Re: Oh puhleeeze Parallax Abstraction
  7. May 30, 14:46  Re: Oh puhleeeze Fantaz
  8. May 30, 15:11   Re: Oh puhleeeze DedEye
  12. May 30, 16:06    Re: Oh puhleeeze Parallax Abstraction
  13. May 30, 16:55     Re: Oh puhleeeze SquirrelZero
  14. May 30, 17:13     Re: Oh puhleeeze Jedi Master
  18. May 30, 21:05      Re: Oh puhleeeze sir
  19. May 30, 23:09      Re: Oh puhleeeze G-Man
  20. May 31, 00:05       Re: Oh puhleeeze Sty
  23. May 31, 08:02       Re: Oh puhleeeze The Half Elf
  21. May 31, 01:10    Re: Oh puhleeeze  Rob 
  22. May 31, 02:33     Re: No subject Cochonou
>> 10. May 30, 15:39  Re: Oh puhleeeze 4D-Boxing
  17. May 30, 19:19  Re: Oh puhleeeze aldo_14
  9. May 30, 15:34 Go Ubi LG Orange Drink
  15. May 30, 18:02 No subject Hump
  16. May 30, 18:08 That's Right Overon
  24. May 31, 09:45 I can't resist Creston


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