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Tencent’s $1.25B investment boosts Ubisoft’s growth, strengthens its balance sheet, and unlocks Asian market potential with a ...
A group of Ubisoft shareholders release an open letter demanding more clarity and the addition of some new terms in the recent Tencent deal.
Game publisher Ubisoft is creating a new subsidiary company with a large investment from Tencent to focus on three massive franchises. Fresh off the release of Assassin's Creed Shadows ...
Now, the two companies are partnering to form a new Ubisoft subsidiary, with Tencent investing €1.16 billion. Ubisoft published a press release to announce its new subsidiary. This new group ...
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 would invest in the new subsidiary which is headquartered in France and 100% owned by Ubisoft immediately prior to the transaction. Specifically, at closing of the transaction, Tencent ...
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 comes after the announcement that Ubisoft and Tencent would create a subsidiary that would bring the big AAA games under one umbrella, an announcement that caused a 24% drop in Ubisoft’s ...
Ubisoft has created a new subsidiary dedicated to its three biggest IPs, bringing in a bulk investment from Chinese conglomerate Tencent to have a roughly 25% minority stake for the sum of €1 ...
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 ...
Assassin’s Creed,” “Far Cry” and “Rainbow Six Siege” will lead IP portfolio for new Ubisoft company amid market rush for multimedia licenses ...
Assassin's Creed Shadows is a huge hit for Ubisoft and has become the best-selling game in the United States for multiple ...