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Some Ubisoft shareholders want the company to renegotiate its recent deal with Tencent, expressing concerns over unclear benefits. Assassin's Creed Shadows has been one of the best-selling games ...
TL;DR: Ubisoft has partnered with Tencent, which invested $1.2 billion for a 25% stake in a new subsidiary, "Ubisoft 2." This move aims to enhance Ubisoft's game development but has caused ...
What does it mean for Assassin’s Creed & other franchises? The big news has been finally dropped as the gaming giant Ubisoft is teaming up with Tencent to spin off a new subsidiary valued at a ...
Ubisoft shares rose more than 10 per cent on Friday (Mar 28) after the French video game maker announced plans to set up a subsidiary in which Tencent will invest €1.16 billion.
Let’s be honest here, Ubisoft hasn’t been having the best of times. In particular, 2024 proved to be a nightmare for the French publisher as its crown titles, such as Star Wars Outlaws, XDefiant, and ...
Bonjour et Bienvenue to the Paris Edition. I’m Bloomberg Opinion columnist Lionel Laurent. If you haven’t yet, subscribe now to the Paris Edition newsletter. Ubisoft Entertainment SA’s ...
More interestingly, this initiative is supported by a €1.16 billion investment from Chinese conglomerate Tencent, which will acquire a 25% minority stake in the new entity. The France-based ...
Tencent will invest 1.16 billion euros ($1.25 billion) for a stake of around 25% in a newly created subsidiary that will house Ubisoft’s Far Cry and Tom Clancy’s Rainbow Six brands in addition ...
The deal, unveiled this week, includes a $1.25 billion investment from Tencent for a 25% minority stake in the new subsidiary. The subsidiary will also have its own board of directors and a ...
Chinese gaming studio Tencent is investing about 1.16 billion Euros (Approximately 1.3 billion USD) for a 25 per cent stake in a subsidiary unit of Ubisoft, reported The Verge. This spin-off entity ...
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