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GADGETS AND GAMES DIRECTORY :: > Games Register Weblog > Games Tech Weblogs - WEEKLYBITS.COM GADGETS AND GAMES DIRECTORY
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Send to email		Visit Ubisoft has $1.2 billion acquisition war chest Ubisoft has $1.2 billion acquisition war chest in acquisitionguillemotubisoftwarchest
By Alexander Sliwinski
el 03-Jun-2008

Filed under: Business


Ubisoft CEO Yves Guillemot, speaking with Les Echos, says the publisher has a $1.2 billion war chest for spending on acquisitions. The executive states the company needs to grow rapidly to keep pace with publishers like EA (which may, or may not, acquire Take-Two) and the other 800 lbs. gorilla on the block, Activision Blizzard.

Guillemot says acquisition isn't the only way Ubisoft is growing. The company is getting involved in films and licensing, along with opening up new studios and pushing into Asia. He also states that the company will begin working on CG movies, starting with mini films based on its franchises at first, and then moving on to feature films. Hopefully, any Ubi-produced CG film will fare better than Square's Final Fantasy: The Spirits Within.

[Via GameDaily, Develop]
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24-Oct-2008

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Ubisoft has $1.2 billion acquisition war chest
Image 0 en - Ubisoft has $1.2 billion acquisition war chest Filed under: Business Ubisoft CEO Yves Guillemot, speaking with Les Echos, says the publisher has a $1.2 billion war chest for spending on acquisitions. The executive states the company needs to grow rapidly to keep pace with [..] Read complete article
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Published 03-Jun-2008 by Alexander Sliwinski in acquisitionguillemotubisoftwarchest
Read 1 times. More hits in More articles Ubisoft has $1.2 billion acquisition war chest Images about Ubisoft has $1.2 billion acquisition war chest
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EA takes out $1 billion loan for Take-Two acquisition
Image 0 en - EA takes out $1 billion loan for Take-Two acquisition Filed under: Business Electronic Arts has received commitments for a $1 billion loan from various financial institutions toward its acquisition of Take-Two. The company has up until January 9, 2009 to tap the funds in its $2 billion hos [..] Read complete article
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Published 11-May-2008 by Alexander Sliwinski in ealoantake-twotakeover
Read 7 times. More hits in More articles EA takes out $1 billion loan for Take-Two acquisition Images about EA takes out $1 billion loan for Take-Two acquisition
Kotaku`s The Gamers Guide Blogger

XBOX 360 Gamers Weblog Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred

EA Takes Out $1 Billion Loan For Take-Two Acquisition [Ea Bid For Take Two]
SEC filings have revealed that Electronic Arts borrowed $1 billion from Morgan Stanley and other lenders to help finance a possible acquisition of Take-Two. "There's no news here," said EA VP of communications Jeff Brown. "This is just a process point on s [..] Read complete article
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Published 09-May-2008 by Leigh Alexander in acqusitionBreakingEaea bid for take twoIndustryNewsOriginalTake-TwoTop
Read 2 times. More hits in More articles EA Takes Out $1 Billion Loan For Take-Two Acquisition [Ea Bid For Take Two] Images about EA Takes Out $1 Billion Loan For Take-Two Acquisition [Ea Bid For Take Two]
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Ubisoft Sees 36 Percent Sales Jump In FY 08 [Ubisoft Results]
Ubisoft sales jumped nearly 37 percent during their latest fiscal year, which ended last month, rocketing from $1.07 billion to $1.46 billion over the year, the company announced during their annual call today. The jump was mostly due to Tom Clanc [..] Read complete article
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Published 24-Apr-2008 by Leigh Alexander in Assassin's CreedFinancialsNewsTopUbisoft Results
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Oh Yes, Ubisoft Knew About Wii Motion Plus [Yves Guillemot]
Back when Wii Motion Plus was announced at E3, many developers seemed surprised. Nintendo likes to keep things close to its chest, and developers like Lucasarts were apparently kept in the dark. Not happy campers! Leave it to Ubisoft honcho Yves Guillemot to stride in and utter "We knew that". [..] Read complete article
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Published 18-Sep-2008 by Brian Ashcraft in Yves Guillemot News Ubisoft Wii Wii motion plus
Read 0 times. More hits in More articles Oh Yes, Ubisoft Knew About Wii Motion Plus [Yves Guillemot] Images about Oh Yes, Ubisoft Knew About Wii Motion Plus [Yves Guillemot]
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Ubisoft Acquires Visual Effects Studio Behind 300 [Media Convergence]
The line between movies and video games blurs even further as Ubisoft announces the acquisition of Hybride Technologies, the visual effects studio behind the blockbuster films 300, Sin City, and the Spy Kids series. Ubisoft will work closely with the team at Hybride to create new technologies for [..] Read complete article
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Published 08-Jul-2008 by Mike Fahey in Media Convergence Hybride Industry Movies News Special Effects Ubisoft
Read 6 times. More hits in More articles Ubisoft Acquires Visual Effects Studio Behind 300 [Media Convergence] Images about Ubisoft Acquires Visual Effects Studio Behind 300 [Media Convergence]
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XBOX 360 Gamers Weblog Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred

Ubisoft Profits Surge On Rainbow Six, Rayman [Ubi Profits Soar]
Strong performance of the Rainbow Six, Rayman, The Settlers and Ghost Recon franchises drove Ubisoft to a "record-high profits" in the fiscal year ending March 2008, the company announced today. Ubisoft's sales surged 36 percent to ?928.3 million ($1.46 billion) [..] Read complete article
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Published 22-May-2008 by Leigh Alexander in FinancialIndustryNewsOriginalRainbow SixRaymanUbi Profits SoarYves Guillemot
Read 7 times. More hits in More articles Ubisoft Profits Surge On Rainbow Six, Rayman [Ubi Profits Soar] Images about Ubisoft Profits Surge On Rainbow Six, Rayman [Ubi Profits Soar]
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Ubisoft buys Gameloft India studio
Image 0 en - Ubisoft buys Gameloft India studio Filed under: Business, Mobile Ubisoft has announced the acquisition of an India-based development studio of Gameloft, the mobile game company. The deal represents another step in Ubisoft's plan to ramp up their presence in [..] Read complete article
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Published 16-Apr-2008 by Scott Jon Siegel in gameloftindiaubisoft
Read 5 times. More hits in More articles Ubisoft buys Gameloft India studio Images about Ubisoft buys Gameloft India studio
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The gadgets and technology weblog
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CBS to Acquire CNET for $1.8 Billion
Image 0 en - CBS to Acquire CNET for $1.8 Billion CBS is taking aim at the young demographic as they prepare to shell out a whopping $1.8 billion in the acquisition of CNET Networks. The hefty sum amounts to $11.50 per share, a 44% premium over CNET’s closing price on the day of the announcement. JANA Partners, a major stakeholder in CNET, may be left [...] [..] Read complete article
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Published 15-May-2008 by Zach Epstein in News
Read 8 times. More hits in More articles CBS to Acquire CNET for $1.8 Billion Images about CBS to Acquire CNET for $1.8 Billion
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Glam Reportedly Turns Down $1.3 Billion Offer, Launches Video Ad Network
Glam Media, the female-focused ad network/media company, turned down a $1.3 billion acquisition offer, according to VentureBeat. We're checking up on this, and expect to have a response from CEO Samir A [..] Read complete article
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Published 29-May-2008 by Silicon in General
Read 3 times. More hits in More articles Glam Reportedly Turns Down $1.3 Billion Offer, Launches Video Ad Network Images about Glam Reportedly Turns Down $1.3 Billion Offer, Launches Video Ad Network
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Breaking: CBS Snags GameSpot In $1.8 Billion CNET Acquisition [Breaking]
CBS Corporation just announced an agreement to buy CNET for $1.8 billion dollars. Through the deal, all of CNET's network sites, including GameSpot, TV.com mp3.com, CNET news.com, UrbanBaby, CHOW, Search.com, BNET, MySimon and TechRepublic all become [..] Read complete article
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Published 15-May-2008 by Leigh Alexander in acqusitionBreakingCBSCnetGamespotIndustryNewsOriginalTop
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Ubisoft Ready To Blend Movie And Game Business [Business]
Ubisoft just a game maker? Hilarious! The company's CEO Yves Guillemot wants to transform Ubisoft into a multimedia juggernaut. From books to a TV series, Ubisoft is moving every which way. About the CGI movie production studio Ubisoft founded, Guillemot says: [..] Read complete article
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Published 02-Jun-2008 by Brian Ashcraft in BusinessNewsUbisoftYves Guillemot
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