Ubisoft and Tencent have announced a new "dedicated subsidiary" that will "will focus on building game ecosystems designed to become truly evergreen and multi-platform" in the Assassin's Creed ...

Ubisoft is spinning off some of its top franchises, including "Assassin’s Creed," "Far Cry" and "Rainbow Six," into a new subsidiary funded by Tencent.

Ubisoft cut its 2024-2025 fiscal year guidance due to poor management execution and game launch delays, notably Assassin’s Creed Shadows. Tencent is a likely buyer for Ubisoft, with the ...

Tencent has invested $1.25 billion in a new Ubisoft operating division that includes the core games Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six brands.

Tencent Holdings is considering a possible buyout of Ubisoft Entertainment with the Guillemot family, which founded the French video game publisher, Bloomberg reported Friday, sending Ubisoft’s ...

Tencent already owns around 9% of Ubisoft through previous investments (which helped fend off Vivendi in the past), and reports back in 2022 revealed Tencent wanted to increase its ownership in ...

As mentioned, this subsidiary will be receiving a huge injection of cash from Tencent. Ubisoft says the investment totals €1.16 billion, which equates to $1.25 billion / £966 million in current ...

Tencent has made a $297 million investment into Assassin’s Creed maker Ubisoft. Ubisoft announced Tuesday that Tencent acquired a minority stake in Guillemot Brothers Limited, the company ...

In June Tencent looked to increase its existing 4.5% stake by making a megabucks offer to Ubisoft shareholders of $101.84 per share: a price that represented a huge premium over stock that so far ...

Tencent is a goliath, but it isn’t invulnerable. In the week following the investment in Ubisoft, Tencent’s largest shareholder sold 2 percent of its 33.2 percent stake in the company.

Tencent invested €300 million into Guillemot Brothers for its almost majority share, though Ubisoft is clear in saying that its “governance is unchanged, and the Guillemot family retains ...