Tencent will be a minority shareholder in the new venture, which is expected to be completed by the end of 2025.

Ubisoft CEO Yves Guillemot's internal memo to employees about the new spun-off, 1/4th-held Tencent subsidiary and future org plans has been leaked out.

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.

In an effort to save itself after a few rocky years, Ubisoft is opening a new subsidiary with investment from Tencent that ...

Ubisoft management seems unsure on what exactly will happen as a result of the Tencent deal, and employees are concerned ...

Ubisoft announced Tencent has invested €1.16 billion ($1.25 billion) for a minority stake in a newly created subsidiary that ...

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 ...

Chinese tech titan Tencent is set to invest $1.25 billion in French video game maker Ubisoft, in exchange for a 25% stake in ...

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.

into a separate subsidiary thanks to a $1.25 billion investment from Chinese conglomerate Tencent. The massive deal allows the founding Guillemot family to remain in control of the publisher ...

There’s been a lot of chatter about the state of Ubisoft and the company’s future, and Tencent’s name has been floated as a ...