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 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 ...

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 and Tencent are said to be "evaluating which assets to include" in a potential new venture. By Eddie Makuch on January 15, 2025 at 5:32AM PST. Comments. Where to buy.

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 (OTCPK:UBSFY) dropped about 30% since the March 27th announcement of a $1.25B Tencent (OTCPK:TCEHY) deal that, if successful, could mark a consequential bounce back for the beaten gaming ...

Big changes might be in store for Ubisoft, as the Guillemot family and Tencent are reportedly planning to buy Ubisoft and take it off the public market. NEWSLETTERS Emailed Daily.

Ubisoft and Tencent are working together on a new gaming subsidiary that includes Assassin's Creed, Far Cry, and Tom Clancy's Rainbow Six. Skip to main content. Open menu Close menu.

Tencent—which purchased nearly 50% of Guillemot Brothers in 2022—holds 9.2% of Ubisoft’s net voting rights, or power in voting by shareholders, while the Guillemot family has about 20.5% ...

Ubisoft Is Getting A $1.25 Billion Bailout From Tencent To Spin-Off Assassin's Creed, Far Cry, And Rainbow Six Siege The deal allows the Guillemot family to remain in control of the struggling ...

Tencent, which currently has about a 10 percent stake in Ubisoft, also owns 49.9 percent of Guillemot Brothers Ltd. Ubisoft says it’s currently focused on open-world and live-service games.