China's tech giant Tencent: what you need to know

‘Assassin’s Creed’ Maker Hits ‘Continue’ With Tencent

One of France’s most recognizable exports gets a lifeline.

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.

Assassin's Creed-maker Ubisoft gets $1.25bn investment from Chinese tech giant Tencent

Shenzhen-based Tencent, which owns the popular messaging app WeChat, will hold about a quarter of a new subsidiary.

Ubisoft’s $4 billion carveout sells Tencent a 25 percent stake in some of its biggest games

Ubisoft is spinning off Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow Six into a subsidiary backed by Tencent, according to an announcement on Thursday. The Chinese gaming giant will invest €1.16 billion (~$1.3 billion) for a 25 percent stake in the carveout, which will have a total value of…

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, said it is accelerating its transformation with this important […]

Ubisoft launches new business for Assassin's Creed and other big series, with €1.16bn Tencent investment

Ubisoft has launched a new subsidiary dedicated to its big three IPs - Assassin's Creed, Rainbow Six, and Far Cry - in a move CEO Yves Guillemot has called a "new chapter" for the publisher. Chinese conglomerate Tencent holds a minority stake in the new entity after investing €1.16bn.