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Tencent’s $1.25B investment boosts Ubisoft’s growth, strengthens its balance sheet, and unlocks Asian market potential with a ...
Ubisoft says the new subsidiary, backed by Tencent’s investment, “will drive further increases in quality of narrative solo experiences, expand multiplayer offerings with increased frequency of ...
Tencent's 25% acquisition of Ubisoft may impose discipline and unlock value. Read to know why UBSFY would now focus on profitable projects, improving productivity, and profit margins.
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. Ubisoft, the French video game giant ...
Ubisoft's penchant for battle royale experiments reportedly continues with a brand new game inspired by Respawn's Apex ...
AJ Investments's latest open letter reveals they want Ubisoft to sell their IPs to TenCent directly, as a clear case of ...
Ubisoft shares reversed gains in afternoon trade on Friday after rising as much as 12% earlier on plans to set up a subsidiary to house three of its popular video game franchises.
Shenzhen-based Tencent, which owns the popular messaging app WeChat, will hold about a quarter of a new subsidiary.
Two key provisions of the new agreement are that Tencent cannot sell its 25 percent equity stake for at least five years and Ubisoft “may not cease to hold a majority of New subsidiary voting ...
This number exceeds Ubisoft's own by a large margin. In exchange for a royalty, Tencent will be granted "a worldwide, exclusive, irrevocable, perpetual license" for Assassin's Creed, Far Cry ...
The separate entity is funded by a $1.25 billion investment (a 1.16 billion transaction in euros for the France-based Ubisoft) from gaming company Tencent, which will take a minority stake in the ...
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