I think Jim put it really well, taken from CGTalk: [ QUOTE ] If EA now own 20% of Ubisoft that means that they are paying 20% of my wages. 20% of my wages is one day a week. I think Ill stay home that day. ;o) [/ QUOTE ]
Buying 20% probably makes them the most powerful voting block amoungst the shareholders. It's just a sign that they will eventually buy-out the company when they have enough liquid assets. -R
I just heard about it as well and it's not exactly creating the best feeling ever in my stomach. Here's some more details: http://money.cnn.com/2004/12/20/technology/erts_ubisoft.reut/index.htm
Interesting... NEW YORK -- Electronic Arts Inc. (ERTS) plans to buy almost 20% of the shares of French videogame publisher Ubisoft Entertainment SA from a Dutch investment firm, in a sign of growing consolidation in the games business, Monday's Wall Street Journal reported. Electronic Arts, the world's biggest games…