Former majority owner of Activision buys stock in Ubisoft and Gameloft

The French company, Vivendi, has invested $183 million dollars in Ubisoft and Gameloft.
The French company, Vivendi, has invested $183 million dollars in Ubisoft and Gameloft.

The French media company Vivendi, once famous for being the majority shareholder of Activision, has shown a renewed interest in the video game industry after buying a 6.6% stake in Ubisoft and a 6.2% stake in Gameloft.

Recommended Videos

Vivendi owned a 63% controlling stake in Activision, but due to restructuring, they decided to sell the majority of their shares, now only holding 6% ownership in the company. They intially sold the majority of their shares for $8.17 billion, and later sold another 5.8% for $850 million.

In response to Vivendi’s purchase of Gameloft stock, Gameloft issued a press release:

“We take note of the unsolicited action on the part of Vivendi. We reiterate our intention to remain independent, an approach that, since our founding 16 years ago, enabled us to become a world leader in mobile gaming, and from 2015, a significant and fast growing actor of mobile advertising. “

Vivendi’s interest in the companies could be alarming, considering that their investment of about $183 million in both companies seems like an almost meager amount compared to their $10 billion dollar warchest, gained from the sales of many of their assets over the past few years – no small part of which came from Activision. 

Why do you think Vivendi is so interested in this companies. What do you make of their investment? Let me know in the comments!


GameSkinny is supported by our audience. When you purchase through links on our site, we may earn a small affiliate commission. Learn more
related content
Read Article Predator: Hunting Grounds Will Get New Content With IllFonic Takeover
Predator watching prey from the treetops.
Read Article Overwatch 2 Introduces Its First Free Hero in Season 10
Venture holding her drill and Baptise, Zarya, Pharah, and Lifeweaver standing behind her
Read Article Horror Becomes Educational by Teaching Morse Code in SOS: Forgotten Planet
A monster behind a door marked M
Read Article Pocketpair Announced the 10 Most Popular Pals in Palworld
Player looks up to Quivern in Palworld
Read Article Elder Scrolls 6 Gets an Update on the Series’ 30th Anniversary
Eleder Scrolls wizard casting green magic
Related Content
Read Article Predator: Hunting Grounds Will Get New Content With IllFonic Takeover
Predator watching prey from the treetops.
Read Article Overwatch 2 Introduces Its First Free Hero in Season 10
Venture holding her drill and Baptise, Zarya, Pharah, and Lifeweaver standing behind her
Read Article Horror Becomes Educational by Teaching Morse Code in SOS: Forgotten Planet
A monster behind a door marked M
Read Article Pocketpair Announced the 10 Most Popular Pals in Palworld
Player looks up to Quivern in Palworld
Read Article Elder Scrolls 6 Gets an Update on the Series’ 30th Anniversary
Eleder Scrolls wizard casting green magic
Author