Ubisoft Pledges to "Fight" Against Vivendi's "Creeping Control" Attempt

During Ubisoft’s conference call for investors and analysts related to the fiscal year ended on March 31st, 2016, CEO Yves Guillemot was asked an update on Vivendi’s attempt to take control of the publisher, given the recent developments and acquisitions:

“Vivendi has a reputation of doing creeping control on many companies and they want to do the same on our company. They just announced publicly that they want to do creeping control on our company, so it’s something we will defend, because we feel that this is going to be in favor of their shareholders instead of being in favor of all the shareholders. So that’s why we’ll continue to fight against that.

Now, for making sure that they don’t have board members on Ubisoft, it will be the decision of the shareholders.”

For those unfamiliar with the definition, “creeping control” means taking control of a company little by little, possibly without alarming the target.

Looks like Ubisoft’s management is duly alarmed, but we’ll have to see if they’ll come out victorious in their fight for independence.

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Giuseppe Nelva

Hailing from sunny (not as much as people think) Italy and long standing gamer since the age of Mattel Intellivision and Sinclair ZX Spectrum. Definitely a multi-platform gamer, he still holds the old dear PC nearest to his heart, while not disregarding any console on the market. RPGs (of any nationality) and MMORPGs are his daily bread, but he enjoys almost every other genre, prominently racing simulators, action and sandbox games. He is also one of the few surviving fans of the flight simulator genre on Earth.

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