Tencent takes €1.2bn stake in spin-off from Assassin’s Creed-maker Ubisoft
Chinese technology giant Tencent is taking a €1.2bn stake in a new spin-off from Ubisoft, as the struggling French games developer attempts to shore up its balance sheet. The deal values a new subsidiary that will run Ubisoft’s top franchises — including Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six — at about €4bn.
Shares in Ubisoft were seen up 13-15% premarket on Friday after the French video-game maker announced plans to set up a unit ...
Chinese tech titan Tencent is set to invest $1.25 billion in French video game maker Ubisoft, in exchange for a 25% stake in ...
Ubisoft Entertainment said it is forming a new unit that would house its Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow ...
Ubisoft has announced the formation of a new subsidiary with tencent that will consolidate its major game franchises, ...
Kuaishou Technology said artificial intelligence is what will drive users to its video platform after posting its slowest ...
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