News

Ubisoft and Tencent are forming a new company that will take control of its most successful franchises: Assassin's Creed, Far Cry, and Rainbow Six
Tencent will be a minority shareholder in the new venture, which is expected to be completed by the end of 2025.
Ubisoft Spinning Off ‘Assassin’s Creed,’ ‘Far Cry,’ ‘Rainbow Six’ Into New Subsidiary, Backed by $1.25B From Tencent
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 and Tencent launch new subsidiary to supercharge Assassin's Creed, other franchises
The goal is to transform these series into truly "evergreen, multi-platform" ecosystems built for the long haul. Ubisoft CEO Yves Guillemot framed it as a "foundational ...
AOL24d
Why Tencent Rose Today
In addition, Tencent is one of China's leading cloud software companies, and is building its own artificial intelligence (AI) large language model, called HunYuan. Where to invest $1,000 right now?
Ubisoft spins out new unit for Assassin's Creed and other games, Tencent to take $1.25 billion stake
Ubisoft on Thursday announced it’s creating a new gaming subsidiary and that Chinese technology giant Tencent will invest 1.16 billion euros ($1.25 billion) into the unit.