Assassin's Creed and Far Cry publisher Ubisoft is reportedly considering the creation of a new gaming-focused entity for some of its core IP.

Nothing is finalized yet, but it sounds like Ubisoft is moving toward some kind of new deal that could involve Tencent.

Ubisoft is apparently up to some business-shaped shenanigans behind the scenes as it's reportedly considering launching a new part of the company that would house some of its main intellectual property, notably including Assassin's Creed.

In recent months, we've seen that Ubisoft is still seeking investment from somewhere as it wrangles with game delays and general management difficulties - and a new bit of information has come to light today that suggests Microsoft has held discussions with the company over the future of its gaming IP.

Ubisoft Entertainment SA is looking to bring in investors to a new entity that will include some of its core video-gaming intellectual property, including Assassin’s Creed, according to people familiar with the situation.

Ubisoft (OTCPK:UBSFY) is looking for investor backing for a new entity that will include some of its core video-gaming assets, including Assassin’s Creed, people familiar with the situation told Bloomberg.