Ubisoft Quebec
Ubisoft Quebec was announced on 11 April 2005, and was effectively opened 2 June 2005. In June 2008, Ubisoft Quebec ramped up its computer-generated imagery business to work on movies in conjunction with Guillemot. The unit was closed down again with the foundation of Ubisoft Motion Pictures in May 2011. On 3 November 2011, Ubisoft acquired a Quebec City-based development division of Longtail Studios, of which 48 employees were merged into Ubisoft Quebec, while 6–7, including the division's manager, departed.
Gameloft
In October 2015, French media conglomerate Vivendi announced that they had acquired a 6.2% stake in Gameloft's stock, which was quickly raised to 10.2% a few days later. By February 2016, Vivendi had acquired 30% in the company, and launched a hostile takeover bid. In accordance with French law, Vivendi started a tender offer to acquire further shares. Following the announcement, Gameloft's board of directors strongly advised shareholders against selling stock to Vivendi to avoid the hostile takeover. By May 2016, Vivendi had won over the majority of shareholders, enabling them to move forward in the takeover. The acquisition was completed on 1 June 2016, with Vivendi having gotten a hold of 56%, an absolute majority over Gameloft's ownership. Employees of Gameloft were presented with an open letter welcoming them to the new parent company's family. Analysts believed that the takeover was just the first step towards also purchasing Ubisoft, another video game venture founded by Guillemot and his brothers, although Vivendi only held a 17.7% minority in that company at the time. In response to Vivendi's actions, Guillemot announced that he would step down from his company and join his brother Yves Guillemot at Ubisoft to prevent it from also being taken over. Guillemot later clarified that his stepping-down would take effect on 29 June. On 8 June, the Guillemot brothers announced that they were regretfully selling their ownship in Gameloft to Vivendi. The transaction awarded Vivendi another 21.7% in Gameloft's capital. After Guillemot departed from Gameloft on 29 June, Vivendi set up a new board of directors for the company, with Vivendi's present chief operating officer, Stéphane Roussel, appointed Gameloft's chairman and chief executive officer, and Gameloft's previous chief financial officer, de Rochefort, additionally taking over the management of the company's 39 subsidiaries. At that point, Vivendi owned 95.94% of Gameloft's share capital.