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 ...

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.

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 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.

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 ...

Ubisoft's penchant for battle royale experiments reportedly continues with a brand new game inspired by Respawn's Apex ...

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.

In a bold move into the Web3 gaming frontier, Ubisoft and Immutable have announced Might & Magic Fates, an original strategy card game set within the beloved Might & Magic universe. This announcement ...