Following Vivendi's shareholder-backed hostile takeover bid for mobile gaming developer Gameloft, Ubisoft co-founder and Gameloft CEO Michel Guillemot may be about to resign. "A person familiar with the matter" has confirmed Guillemot's pending resignation to Bloomberg, saying that Guillemot will join his brother (and Ubisoft CEO) Yves Guillemot in protecting Ubisoft from a similar Vivendi takeover.

Vivendi has been slowly buying up shares in Ubisoft as far back as October 2015, when it purchased a 6.6 percent share of the company (roughly 7.36 million shares at $161 million (£111 million)). It later upped its stake to 10.39 percent. Ubisoft–which remains a family run business—called the moves "unsolicited and unwelcome" at the time, but Vivendi continued undeterred, purchasing 30 percent of sister company Gameloft.

Vivendi finally convinced shareholders to part with their remaining stock by offering 50 percent over market value. The French media giant is now the majority shareholder at Gameloft, controlling around 56 percent of the vote.

With the battle for Gameloft lost, the brothers Guillemot are now reportedly working with financial advisors to figure out how best to save Ubisoft from a similar fate. Currently, the Guillemots control 15 percent of the votes in Ubisoft. Vivendi, which claims it isn't seeking control, owns about 18 percent and has demanded board representation.

Vivendi hasn't had the best track record when it comes to video games, in spite of the company's other media successes. Activision Blizzard launched an $8.17 billion (£6 billion) buyback of most of Vivendi's shares just six years after its merger with Vivendi in 2007. The merger brought Blizzard under the control of Activision, but eliminated both the Vivendi Games brand and the once-mighty Sierra Games sub-brand.

But however strongly the Guillemots may be opposed to a Vivendi takeover of Ubisoft, some analysts believe the move may be beneficial to Ubi in the long term."We are going in to a very competitive part of the console cycle and despite Ubisoft's efforts to expand like Activision and EA have, the company is still heavily dependent on hits," Christine Arrington of IHS Technology told Eurogamer. "It doesn't have an Assassin's Creed iteration this year, and it isn't in a position to acquire market share like Activision's King purchase. So, if a deal could be structured where Ubisoft sees an influx of capital to invest in its diversification strategy, and Vivendi takes a hand's off approach, it might not be a bad thing for the company."

Vivendi isn't commenting on any potential Ubisoft takeover, but it did fire out an e-mail in an attempt to reassure worried Gameloft employees.

"You work for a company that is already one of the most renowned and creative in the mobile games segment worldwide," the letter reads. "We are convinced that Gameloft, with Vivendi's backing, can be more ambitious in its growth plans. In a rapidly-evolving market, your company, which needs industrial and financial backing to develop, will be able to count on our full support and commitment."