Chinese technology giant Tencent has made a €1.2bn ($1.25bn; £1bn) investment in a spin-off from Ubisoft, the maker of the Assassin's Creed video games. Shenzhen-based Tencent will own about a ...

The binding agreement with Tencent follows the formal and competitive process in exploring and assessing different strategic options announced earlier this year. Based on the careful consideration ...

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 ...

Tencent will invest $1.3 billion in a new entity controlling Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow Six. Tencent will invest $1.3 billion in a new entity controlling Assassin’s ...

Tencent’s investment will give it a 25% stake in the new unit and is expected to go through by the end of the year. Ubisoft’s new unit notably leaves out several other franchises it has ...

TL;DR: Ubisoft is forming a new subsidiary with a $1.2 billion investment from Tencent, which will hold a 25% stake. The subsidiary will focus on the Far Cry, Assassin's Creed, and Rainbow Six ...

Tencent will hold a minority stake. As for the Ubisoft teams and franchises left behind in the creation of this subsidiary, we will have to wait to see what happens next. This includes such video game ...

We may earn a commission from links on this page. Ubsioft will spin off its most successful game franchises, including Assassin’s Creed, Far Cry, and Rainbow Six Siege, into a separate ...

Ubisoft on Thursday announced that it's creating a new gaming subsidiary with Chinese technology giant Tencent investing 1.16 billion euros ($1.25 billion) into the unit. The subsidiary will focus ...

The new company, valued at around €4 billion, will receive a €1.16 billion injection of cash from Chinese giant Tencent, who will gain a 25% stake in the organisation in return. In a statement ...

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 ...

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