Ubisoft’s founding Guillemot family has increased their stake in the company giving them 13.6% of shares and 20.02% of voting rights according to Reuters. That is up from the 9% of shares they owned a year ago.
The increase comes as the French publisher looks to fend off a hostile takeover from ex-Activision owner, Vivendi. Vivendi currently holds 27% of Ubisoft shares and has 24.5% voting rights. That means that the Guillemot family still needs allies within its shareholders to keep Vivendi at bay.
Vivendi previously took over mobile game developer and publisher Gameloft which was also founded by the Guillemot brothers. It has also been looking to get back into the HD games market after it sold Activision with Ubisoft their most likely target.