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Even after the success of Assassin’s Creed Shadows, it looks like Ubisoft is going through with its plans for reorganization.The company announced today in a press release that it is “accelerating its ...
Struggling French videogame maker Ubisoft (OTCPK:UBSFY) said it's spinning out a unit containing some of its top games, and Tencent Holdings is investing in it, boosting its previous stake in the ...
Tencent's 25% acquisition of Ubisoft may impose discipline and unlock value. Read to know why UBSFY would now focus on ...
The separate entity is funded by a $1.25 billion investment (a 1.16 billion transaction in euros for the France-based Ubisoft) from gaming company Tencent, which will take a minority stake in the ...
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 ...
Tencent president Martin Lau added, “We are excited to extend our longstanding partnership with Ubisoft through this investment, which reflects our continued confidence in Ubisoft’s creative ...
AJ Investments's latest open letter reveals they want Ubisoft to sell their IPs to TenCent directly, as a clear case of ...
Ubisoft UBI-3.36%decrease ... and Tom Clancy’s Rainbow Six games, with Tencent Holdings 700-1.23%decrease; red down pointing triangle investing 1.16 billion euros ($1.25 billion) for a minority ...
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 potential suitor should the Assassin’s Creed developer ever ...
Ubisoft says the new subsidiary, backed by Tencent’s investment, “will drive further increases in quality of narrative solo experiences, expand multiplayer offerings with increased frequency of ...
The market seems to have responded positively to the announcement of the new agreement between Tencent and Ubisoft. Ubisoft’s stock prices have significantly increased, with a 12% rise recorded ...