EA Invests Into Ubisoft

Electronic Arts has purchased a 19.9% (just under the threshold from certain disclosure regulations) stake of Ubisoft stock. Ubisoft, best known for their Tom Clancy games, sees this stock purchase as a hostile takeover. EA is a competing game publisher to Ubisoft and the company is not happy with EA's purchase. Ubisoft could be acquired or merged into Electronic Arts in the near future.

In other news, Nintendo has sold over one million Nintendo DS units in North America so far and expects to have shipped two million units worldwide by the end of the year.