Electronic Arts has been given the green light to finalize the purchase of 20% of Ubisoft shares. The company saw its own stock rise by $3.12 a share, a 4.8 percent increase, hitting the $68 mark for the first time. There are more financial news at GameSpot.

In other news, Ubisoft plans to create 1000 job in its world-famous Montreal studios as parts of its next phase of international development. The company will receive the support of the Government of Canada and the Government of Quebec in a massive 5 year, $700-million investment. Ubisoft Montreal is the home of the Rainbow Six, Splinter Cell and Prince of Persia series, among others.