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Tencent, Ubisoft and Assassin's Creed

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PC Gamer |
Tencent will be a minority shareholder in the new venture, which is expected to be completed by the end of 2025.
BBC |
Ubisoft's stock market value has fallen sharply in recent years after delays to the launches of new games and falling sales.

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Ubisoft and Tencent are forming a new company that will take control of its most successful franchises: Assassin's Creed, Far Cry, and Rainbow Six
Tencent will be a minority shareholder in the new venture, which is expected to be completed by the end of 2025.
Ubisoft and Tencent launch new subsidiary to supercharge Assassin's Creed, other franchises
The goal is to transform these series into truly "evergreen, multi-platform" ecosystems built for the long haul. Ubisoft CEO Yves Guillemot framed it as a "foundational
Ubisoft has announced that Tencent has invested US$1.25 billion in their new gaming subsidiary.
Tencent's investment in the new subsidiary values it at €4 billion, implying a four-times multiple based on its average sales from full-year 2023 to 2025. When this article was published, the new carveout from Ubisoft didn't have a name yet. According to Reuters, Ubisoft stock has risen 10% after Tencent's investment in the new subsidiary.
Assassin's Creed maker gets $1.25bn Chinese investment
Shenzhen-based Tencent, which owns the popular messaging app WeChat, will hold about a quarter of a new subsidiary.
Ubisoft seen up 13-15% after it sets up Tencent-backed subsidiary
Assassin's Creed creator said on Thursday it had set up a unit valued at around 4 billion euros in which Tencent will invest 1.16 billion euros ($1.25 billion), and which will bring together the Assassin's Creed,
Assassin's Creed creator Ubisoft sets up 4 billion euro subsidiary, backed by Tencent
The new subsidiary, valued at about 4 billion euros, will bring together the Assassin's Creed, Far Cry and Tom Clancy's Rainbow Six brands, the group said in a statement. Ubisoft's shares rose in mid-March after Bloomberg News reported the videogame maker was seeking investors for a new entity,
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China's tech giant Tencent: what you need to know
Chinese tech titan Tencent is set to invest $1.25 billion in French video game maker Ubisoft, in exchange for a 25% stake in a new subsidiary of the "Assassin's Creed" publisher.
Tencent invests $1.25B in Ubisoft’s new core games operating division
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, the French video game giant that has struggled to launch hits until its most-recent launch of Assassin’s Creed: Shadows,
Rock Paper Shotgun1d
Tencent hand Ubisoft a big wad of cash to spin out Assassin's Creed, Far Cry, and Rainbow Six as a separate business
In an effort to save itself after a few rocky years, Ubisoft is opening a new subsidiary with investment from Tencent that will focus on a trio of games.
MP1st1d
Ubisoft Forms New Gaming Subsidiary With High-Profile IPs; Tencent Acquires 25% Stake In It
Ubisoft has announced that it has formed a partnership with Tencent to create a brand-new subsidiary housing their biggest games.
Ubisoft lands itself a Tencent bail out worth £1,000,000,000
Ubisoft’s Assassin's Creed, Rainbow Six, and Far Cry franchises are now part of a separate company, jointly owned by Tencent.
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