Feeds

Vivendi buys Uproar games site

Bargain basement

  • alert
  • submit to reddit

Combat fraud and increase customer satisfaction

Vivendi Universal has bought Uproar, the New York-based Net games firm for $140m.

It is to merge the operation into its Flipside unit and says the deal will make it world's biggest Internet games operation, with 14 million American users.

Vivendi is paying $3 a share, a 50 per cent premium on Uproar's share price before the deal was announced (but a fraction of Uproar's IPO price, struck last March). This values Uproar at $60m - Vivendi is shovelling $80m of cash into the firm.

In a Reuters interview, Agnes Touraine, VP of Vivendi Universal Publishing, said the online games operation would move into profit before the end of the year. Estimates of combined turnover for Flipside and Uproar of $70m were conservative, she said. ®

Register games industry channel

Combat fraud and increase customer satisfaction

Whitepapers

Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.