Gameloft founder quitting after Vivendi takeover, Ubisoft next in line

Gameloft founder quitting after Vivendi takeover, Ubisoft next in line
Ben Parfitt

By Ben Parfitt

June 2nd 2016 at 11:51AM

Michel Guillemot teaming up with brother Yves to protect Assassin's Creed publsiher

Michel Guillemot intends to quit Gameloft after its shareholders backed the hostile takeover at the hands of Vivendi.

That’s according to Bloomberg, which says that Vivendi now controls 56 per cent of Gameloft voting rights and will appoint a director majority at the company’s AGM at the end of the month.

Michel Guillemot will now join forces with brother Yves Guillemot, CEO of Ubisoft, to help protect that company from a similar takeover, the site adds. It adds that the pair, who own 15 per cent of Ubisoft voting rights, are already on the hunt for a white knight that can be appointed to secure its ownership.

MCV has the full story.