Shareholders also want to limit the voting power of the Guillemot family, who founded Ubisoft. One of Ubisoft's shareholders accuses the French video game publisher of entering IP acquisition ...

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.

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.

Tencent, the parent company behind VALORANT, and Riot Games, the developer behind League of Legends, have also invested in ...

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).

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 ...

“Today Ubisoft is opening a new chapter in its history,” said Ubisoft co-founder and CEO Yves Guillemot in a press release. “As we accelerate the company’s transformation, this is a ...

Ubisoft said it will share more information "at a later stage." Ubisoft co-founder and CEO Yves Guillemot said this marks a "new chapter" in Ubisoft's history, calling this a "foundational step in ...

Ubisoft’s decision is based on the desire to maximize the potential of its major franchises, which the company itself values at around 4 billion euros for this new business unit. The subsidiary ...

The Apple TV+ comedy "Mythic Quest" has been canceled, Variety has learned. But the show is getting a new finale episode with ...

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