Infogrames Could Help Ubisoft vs. EA
GamesIndustry.biz iz reporting that in a show of European solidarity publisher Infogrames may assist Ubisoft (with the blessings of the French Government) if EA attempts a hostile takeover of the Prince of Persia developer. From the article: "Speaking to news agency Reuters, Bonnell expressed his hope that Ubisoft will remain independent - and rubbished EA's claim that its recent purchase of almost 20 per cent of the firm's stock was merely an investment." Further details on Greg Costikyan's Blog. All this is follow up to year-end shenanigans from EA.
All Slashdotters from this day forward should boycott all EA produced software.
I guess that means the EA cafeteria will be selling "Freedom Fries"
From Penny Arcade to EA:
PA: How do you respond to rumors that you are the fucking devil?
EA: EA does not comment on rumors.
Sorry, I couldn't rezizt commenting on thiz. I'm here all week.
aterr - an open source threaded discussion board.
France stands up to aggression! Film at eleven.
Jordan Mechner has been kidnapped by unknown hostile assailants. A video released by his captors show him working 90 hour weeks at gunpoint in an unidentified office. Police suspect foul play.
Unknown host pong.
Who the hell is Greg Costikyan and why is his blog a good source of information? It's called "context", folks. Before I read any of the linked text, I should know the basics about what's going on, who Ubisoft is, and who Costikyan is.
I'm getting sick and tired of reading writeups and being left to discern all of the information on my own. If you're going to claim to post news articles with information in them, you're going to have to actually provide some information.
Alito: A vote for Alito is a punch in the eye to put that bitch back in her place!
I read this morning here (in french, sorry!) that it was Vivendi Universal Games which was supposed to help Ubisoft....
/. I trust ..." :D
But "In
before we hear the french battle cry... "I surrender"
The war with islam is a war on the beast
The war on terror is a war for peace
Didn't Infogrames change their name to Atari? http://www.atari.com/
Insert Pithy Quote here.
How exactly are they going to stand up to EA? They can't even figure out how to spell "Games"!
I was gonna make a joke about France, but frankly...
I tried for 5 years to come up with a clever sig...only to realize that I am not clever.
I am a Brit - as such I am European - fine - Eupope great - USA not quite so great.
;) )
That doesn't make you bad!
The French government are really an embarrasment - no EU government is supposed to be able to subsidise private companies in this fashion - it is anti competitive.
The French government really don't seem interested in that. Any US airline employee who is conerned about their job should be aware that the French government have ploughed millions of dollars worth of aid into Air France over the last 20 years. They have always been "the last time" - thing is, France is huge, what can you do? Throw 'em out of Europe? hardly!
Recent stories don't make me a fan of EA, however, I don't want the French government to make a mockery of the whole of Europe again.
(on the other hand, wait 'till EA buy a French software house - 70 hour week? - They will be lucky to get a 20 hour week
What can Infogrames do except buy enough of Ubisoft to control it entirely or at least deny EA a controlling stake? Either way, this offer of help doesn't exactly sound like charity.
Is there any place on the web where we can get capitalization information and statistics on foreign companies? Both Infogrames and Ubisoft are public, but neither has stock listed in the Americas and I can't seem to find info like floats, capitalizations, insider/institutional holdings, amount of cash available, etc. EA's a pretty big company sitting on a pretty fat wallet (to the tune of 2.5B in cash).
~Someday, I hope to be an aspiring author.
Vivendi to help Ubi . And has more financial resources to do it.
Everytime I see Infogrames, I can't help but wonder whether someone screwed up when they registered the company Infogames.
"Hey Bob, can you take a look at the incorporation documents? What's with the 'R' in the company name?"
"Ohhh...... fuck."
BTW, I love how any response to a French joke is to badmouth Americans. You can't defend the spinelessness of France so you have to attack the USA. Nice bit of distraction there.
Here's a hint for you. It's not just the USA that hates the French. The rest of the world does too.
It's quite simple, Infogames will turn off the lights and EA will be eaten by a GRUE!
IGB: More fun than eating oatmeal!
The French government did the same thing when a German pharmaceutical giant tried to take over France's pharma "national champion". Nothing new here, just another case of meddling by France's neo-mercantilist government in order to save French pride- the interest of shareholders and free trade laws be damned...
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why so many people seem to be happy that EA may not get Ubisoft. If it's because you think EA makes crappy games, and will make Ubisoft make crappy games, then ok I get it.
But there are you others. You seem to be assigning a sense of romanticism here, as though EA were attempting to defile the virtue of Ubisoft. What the hell is wrong with you people?
I love how everything that is critical (no matter how just the claims are and how well they are written) gets modded down here. And then we get +5 funny "in soviet korea" garbage. :P
When you look at the state of the world, how can you not become a radical, liberal anarchist?
Regardless of the merits of EA's Ubisoft non/takeover actions, it should now be obvious that all of that "EA slave labor" scandal in the media the past few months was just propaganda in their takeover war. Regardless of the merits of those labor complaints, we would never have heard about them if there weren't a large equity transaction in the works. EA is hardly a unique taskmaster, especially in the gaming industry (as we heard in the squabbles). But their international ambitions are important enough to draw the attention of the corporate media. Mere slave labor falls far below that threshold.
--
make install -not war
A little Googling shows that Ubisoft has facilities in several countries and actually purchased two U.S. studios (RedStorm and Game Studio) in 2000-01.
It appears that they've been a part of the general consolidation in the games industry as well.
I also have to wonder whether the Feds and/or the EU would allow an outright takeover in the first place, given the antitrust implications.
france must die, I hate them, I pee in their skulls, I can't wait before we take over this piece of shit that they call 'france'. So long for their fries and wine.
Bon Apettite assholes
Look Infogra.. *cough*, Atari is having enough problems with their finances as it is. This mildly annoys me, since I happen to have some of their stock in my portfolio (still waiting for it to break even).
They have to postpone a shareholder meeting because they can't get a quorum to vote on their bonds that are due this upcoming July, and now they want to give money away just to float another company? Yeesh! so much for a recovery...
One mega publisher buys a medium sized publisher and suddenly they feel their europeanness threatened.
Kinda sad.
'Franz' is a better one :D
They use up all of the oxygen. Several people have died in Korea.
American CIA and Fox News don't want you to know.
It's not just the USA that hates the French. The rest of the world does too
"It's not just the French that hates the USA. The rest of the world does too" is an equally valid statement.
... with alarming regularity.
I'm not a fan of EA's business tactics, far from it, but this has happened to all sorts of US companies, and foreign governments protect their markets from the same happening to their companies (see: Japan).
I don't see why US companies should not buy foreign ones.
--- Grow a pair, liberals... stop letting the Republicans bully you!
In English, it is correct to regard corporations, governments, etc. as plural nouns. So: "The French government aren't...", "My bank are incompetent...", etc.
It's incorrect in Yankese, probably because your legal system pretends that companies are people. Hint: they aren't, they're just a group of human beings and a bunch of legal documents.
It would be the first time the French actually stayed in a conflict long enough to see it through... I give it 2 weeks.
Erm... this statement comes *much* closer to the truth...
Not that it matters to the company cause they wont notice one person but ive already quit buying square games.After they forced chrono trigger resurection (if you havent seen the trailer they released and i believe its still on their site its awesome) mod team to quit i many now be forced to not buy EA products as well. And this may actually bother me since battlefield 2 seems to be coming alot better than the failure they called bf: vietnam
also ubi needs to allow southend to make deathrow 2 i know most people who played the first do want a sequel.
This is a perfect school book example.
When a big french company is about to be bought out by a foreign entity, France often gets another french company to rescue the first. All sorts of low-key financial insentives are always included, of course.
I had a strong suspicion that such would be the case with Ubisoft. And now it's confirmed. Ahhh, it feels good.
Great.
French Gov. getting involved in private business again.
Ubisoft; privately owned company. People like you and me, who've invested their money, made themselves a decent company.
EA; Satan's spawn to be sure, but another private company.
Now, I think EA are evil, but I *also* think it's evil that the State is even *considering*, even *saying* it's watching the situation.
Sure, we'd be happy if EA were thwarted, because we don't hate them, and for good reason. We're happy with State intervention in this *one specific case*.
But are we happy with the idea that the State can intervene in the *general case?*
And the answer is a resounding NO!
And you can't have it both ways; so I really don't like the fact the State is getting involved, even though I can't stand EA and want to see them stopped.
--
Toby
It's shit like this that has cost you the almost all of international support and goodwill that was apparent in the aftermath of September 11th.
I can only assume your post is a troll, but I'll bite only cause its fun...
So we should be grateful over temporary goodwill "earned" out of the aftermath of an international tragedy? And a few silly comments on a message board are enough to burn that up? All the while Chirac envisioning France and Europe as a counterweight to America? Doesn't sound like there was much support or goodwill to begin with. You grow up. Look back through history, France has only supported America when if futher supported French interests. And no matter when France might have been our ally in the past, they are no longer. They see themselves as a counter to America. Doesn't sound like an ally to me.
Ridicule the cheese-eating surrender monkeys at will Americans. They are doing it to you on French message boards. Je promets.
EA has the money to "invest" in Ubisoft because they are STEALING from their employees. Uncompensated work is criminal.
Fuck EA.
The difference is that from the original Atari, through Warner-ownership, to the Tramiel era, there was continuity. It changed over time, but there was always a connection; the product-line and staff didn't disappear overnight (though, of course, the arcade division, Atari Games, wasn't sold to the Tramiels).
I don't know the details of the JTS deal (and I'm too tired to check it up), but I suspect it had more to do with patents and the like; Atari Corp's computer and games businesses were all but extinct by that time (the Jaguar was a clear failure by that stage- let's face it, if it hadn't been a success with its headstart over the technically superior PS and Saturn, it wasn't going to do it now- and had diverted Atari's resources away from the Falcon and the Lynx- in short, there was nothing worth speaking of left). Even when the merger news broke, I made a comment somewhere that "Atari are dead". *That* was the break in continuity, where any remnants of the 'true' original Atari finally expired.
At any rate, I recall *nothing* from the JTS-era 'Atari'; next I heard was that Hasbro had the name, but rights aside (and didn't the rights to those 'classic' games reside with the now separate "Atari Games", owned by Midway?) there was no connection with the 'old' Atari.
The Infogrames 'Atari' is a name, no more. I don't mind that, I just wish they'd quit screwing around with the logo and revert to the classic design (I've already ranted about this, though).
"Slashdot - News and Chat Sites Deviant". (Click "homepage" link above for details).
I heard about the whole incident of "Freedom Fries" on the radio, but I do not know any establishment run by uber-patriot idiots that actually uses the word in my area.
During WWI, sauerkraut was called Liberty Cabbage. Also, German was the 2nd language of the USA until WWI. We have a very large population of German extraction (we also have some 40+ million Irish), so that makes sense even though I was surprised to learn it (History of the English Language class my advisor duped me into taking (I am an English major even if Slashdot posts don't get that across)).
Which just goes to show: the world hates everyone! Nobody likes a winner.
no further comments
That is not at all the point, ok it is for France, but for most people here it is because they distrust EA, I would be evenly uneasy about simular actions towards Activision or id Software.
You lift one fact of this situation and asume it is the major point of discusion, where as the main reason people get uneasy about this whole happening is the involvement of EA.
If, lets say, Take Two was the one purchasing UbiSoft stock, the whole thing would be much less of a "problem". On the other hand I think they would have anounced there plans beforehand.
to MicrEAsoft
Join the Slashcott! Feb 10 thru Feb 17!
Step 1: Takeover of company
Step 2: Every developer leave
Step 3: Developers incorporate under new company.
Step 4: New company starts another product with help
of the old customer base.
Step 5: Profit