EA raises stake in Ubisoft, controls nearly 25% of voting shares

Filed under: Business

A Forbes report states that monolithic publisher Electronic Arts has raised its voting stake in Assassin's Creed creator, Ubisoft, to 24.86%. EA now owns 15.37% of the French company's capital, 6.99 million shares and a piece of its CEO's mind. Yves Guillemot asserted in May that he was "still considering" a potential acquisition by EA and all its implications.

Electronic Arts further noted that it reserves the right to further raise its stake in Ubisoft should future market conditions warrant it. Such is the case in a world where "everybody is for sale," at least according to EA CCO Bing Gordon. My intellectual properties, let me show you them.

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[via] Joystiq