Electronic Arts has purchased a 19.9% stake in the French company UbiSoft Entertainment, maker of popular video games developed in conjunction with novelist Tom Clancy. Electronic Arts also said Monday that it has changed the terms of its effort to acquire a controlling stake in Digital Illusions, the Swedish video game developer whose Battlefield Vietnam was created for Electronic Arts. A previous offer by Electronic Arts expired Thursday when it failed to accumulate enough shareholders to sell 90% of the Digital Illusion shares to Electronic Arts. Changes have extended the deadline to Jan. 20, and Electronic Arts said its new goal is to acquire more than 50% of Digital Illusion.
- 12/21/2004
- The Hollywood Reporter - Movie News
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