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Tencent’s $1.25B investment boosts Ubisoft’s growth, strengthens its balance sheet, and unlocks Asian market potential with a ...
Ubisoft and Immutable announced Might & Magic Fates, an original Web3 strategy card game set in the beloved Might & Magic ...
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 ...
French videogame maker Ubisoft said on Thursday it has set up a subsidiary in which China's Tencent will invest 1.16 billion euros ($1.25 billion).
Ubisoft's penchant for battle royale experiments reportedly continues with a brand new game inspired by Respawn's Apex ...
Ubisoft shares reversed gains in afternoon trade on Friday after rising as much as 12% earlier on plans to set up a subsidiary to house three of its popular video game franchises.
Assassin's Creed Shadows debuted last month to become the best-selling game in the U.S. for March 2025 in dollar sales.
This number exceeds Ubisoft's own by a large margin. In exchange for a royalty, Tencent will be granted "a worldwide, exclusive, irrevocable, perpetual license" for Assassin's Creed, Far Cry ...
Two key provisions of the new agreement are that Tencent cannot sell its 25 percent equity stake for at least five years and Ubisoft “may not cease to hold a majority of New subsidiary voting ...
Shenzhen-based Tencent, which owns the popular messaging app WeChat, will hold about a quarter of a new subsidiary.
TL;DR: Ubisoft is forming a new subsidiary with a $1.2 billion investment from Tencent, which will hold a 25% stake. The subsidiary will focus on the Far Cry, Assassin's Creed, and Rainbow Six ...
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