Tencent takes €1.2bn stake in spin-off from Assassin’s Creed-maker Ubisoft

Ubisoft's latest game is great, but even that isn't guaranteed to save the company.

In difficulty in recent months, the French video game giant Ubisoft regains some air on Friday, March 28, with an investment by Chinese group Tencent in a new subsidiary grouping its flagship brands. The success of the game Assassin's Creed Shadows also relieves the publisher.

Ubisoft carves out its biggest games with a $1.25 billion investment from Tencent

The French game maker is spinning off its biggest franchises, and Tencent is investing $1.25 billion in the subsidiary....

The French video game giant announced on Thursday 27 March that he had entered into an agreement with Chinese for the creation of a new subsidiary to consolidate its flagship licenses: "Assassin s Creed", "Far Cry" and "Rainbow Six".

Tencent invests €1.16 billion in new Ubisoft subsidiary, securing 25% stake and key IP rights · TechNode

Chinese gaming publisher Tencent has invested €1.16 billion in Ubisoft’s newly established subsidiary, acquiring a 25% stake, the French gaming giant announced today. The subsidiary will focus on the global development and operation of three major titles: Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow Six Siege. The new subsidiary is valued at €4 billion and integrates resources from six Ubisoft studios, including those in Montreal and Barc…

Under the terms of the partnership, the French company will outsource its most valuable games, including Assassin's Creed, to a new subsidiary.