Gameloft is a French video game developer and publisher based in Paris, France, founded in 1999. The company has subsidiaries in 31 countries around the world. The company was founded by the Guillemot brothers, founders and owners of Ubisoft. The company focuses on making games for mobile phones, but it has also developed games for platforms such as PlayStation 3 and Xbox 360 and Microsoft Windows operating systems.

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Paris (France) - February 29, 2016 -

 

 On Friday, February 26, the board of directors of Gemloft reviewed the takeover offer that it submitted to the Financial Markets Regulatory Authority in France on February 18, 2016, and unanimously decided that the offer was contrary to the interests of Gemloft, its shareholders, employees and customers.

 

 

 

 

 The decision was based on 4 factors:

 

 The show's lack of any compelling factors related to the gaming industry:

 After Vivendi sold its gaming business several years ago, the company's revenues are boiled down to the pay TV segment via Canal + and the music sector via Universal Music, and the company is devoid of any businesses that would align with Gemloft's operations and what it offers to the public. And because Gemloft is an independent company, it has been able to devote its resources - since its inception - to achieving its well thought out plan in the games industry and ensuring its sustainable growth in the mobile electronic games industry and taking advantage of the growing mobile advertising market.

 

 

 

 The financial terms of the acquisition offer do not reflect the true value and future aspirations of Gemloft associated with the current share price of the company

 The negative impact of the offer on the company's employees, especially its creative teams and management, which fully believe in the importance of the company preserving its independence.

 - The circumstances thanks to which Vivendi was able to increase its stake in Gemloft shares since 22 September 2015, which the Board of Directors sees as having occurred against the background of Vivendi's deceiving the minority shareholders and negatively affecting their interests after they sold their shares to Vivendi.

 Based on the foregoing, the Board decided to hold another meeting at a later time, which will result in a comprehensive and detailed statement regarding the company's proposals regarding the acquisition offer in line with applicable laws.

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Gameloft was acquired by vivendi, now, it is a company of greed and taking money from players because of Vivendi,

The motto of Gameloft and Ubisoft is: Play and Enjoy

Now, Gameloft and Vivendi's motto is: Pay to play

Example: Asphalt 8 was a fun and unpaid game, the prices of its cars are not much or little, and the reinforcement of the cars was without those pink pieces that are difficult to obtain.

And now, since Vivendi's acquisition of Gameloft, the price of cars has become very expensive and its updating is very difficult, the races are difficult, the events have become few, the songs have been deleted, the cars have become fewer, the ads have increased and the purchase of cars has become very difficult.

Now the players will break their silence and we will all stand together to restore Gameloft to its previous state, when the focus was on players ’fun and not money.

Sign and publish❤️