Ubisoft cut its 2024-2025 fiscal year guidance due to poor management execution and game launch delays, notably Assassin’s Creed Shadows. Tencent is a likely buyer for Ubisoft, with the ...

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 ...

Ubisoft is spinning off some of its top franchises, including "Assassin’s Creed," "Far Cry" and "Rainbow Six," into a new subsidiary funded by Tencent.

Ubisoft has announced that they have laid off 19 employees at Red Storm as part of their 'ongoing, targeted restructuring'.

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.

Tencent is a goliath, but it isn’t invulnerable. In the week following the investment in Ubisoft, Tencent’s largest shareholder sold 2 percent of its 33.2 percent stake in the company.

As mentioned, this subsidiary will be receiving a huge injection of cash from Tencent. Ubisoft says the investment totals €1.16 billion, which equates to $1.25 billion / £966 million in current ...

Tencent already owns around 9% of Ubisoft through previous investments (which helped fend off Vivendi in the past), and reports back in 2022 revealed Tencent wanted to increase its ownership in ...

Tencent—which purchased nearly 50% of Guillemot Brothers in 2022—holds 9.2% of Ubisoft’s net voting rights, or power in voting by shareholders, while the Guillemot family has about 20.5% ...

The Chinese conglomerate’s investment into Ubisoft included 200 million euros in shares and 100 million euros in capital. For a total of nearly $300 million, Tencent has also secured a 49.9 ...

Tencent invested €300 million into Guillemot Brothers for its almost majority share, though Ubisoft is clear in saying that its “governance is unchanged, and the Guillemot family retains ...