Ubisoft says the new subsidiary, backed by Tencent’s investment, “will drive further increases in quality of narrative solo experiences, expand multiplayer offerings with increased frequency of ...

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

Currently, Tencent and the family of Ubisoft co-founder and CEO Yves ... Wars Outlaws” last year and multiple delays of “Assassin’s Creed Shadows” (just released March 20), this spinoff ...

Ubisoft UBI3.63%increase ... out a unit that will house key franchises including Assassin’s Creed with the backing of Chinese tech giant Tencent. Tencent will invest 1.16 billion euros ($1 ...

The Chinese video game company will be investing €1.16 billion (approximately 25%) for a "minority stake in the new subsidiary" valued at around €4 billion. The focus will apparently be to build and ...

Further information revealed by Tom Henderson shows that Ubisof's investors have decided to take matters into their own hands ...

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 ...

This separate entity will be focused solely on Assassin's Creed, Far Cry ... fate of those not making the cut. For Tencent, doubling down on major Ubisoft franchises represents a renewed vote ...

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. Shenzhen-based Tencent ...

Through a "formal and competitive process," Ubisoft selected Tencent to invest a minority ... to increase following the release of Assassin's Creed Shadows, which released on March 20.

Chinese conglomerate Tencent holds a minority ... It remains to be seen how Ubisoft's newly announced subsidiary might improve its fortunes, but Assassin's Creed Shadows, at least, is off to ...