Published on: 2025-05-24 06:59:00
In brief: Ubisoft has announced the formation of a new dedicated subsidiary that will take the reins of development on some of its most lucrative franchises. This separate entity will be focused solely on Assassin's Creed, Far Cry, and Rainbow Six. 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 step" toward an "agile and ambitious" new operating model for the company's futur
Keywords: gaming new subsidiary tencent ubisoft
Find related items on AmazonPublished on: 2025-05-24 11:07:55
In this article UBI-FR Follow your favorite stocks CREATE FREE ACCOUNT Artwork for Ubisoft's upcoming "Assassin's Creed Shadows" game. John Keeble | Getty Images Ubisoft shares reversed course on Friday in a volatile trading day for the firm, following news that it's carving out some of its best-selling game franchises. The French video game publisher on Thursday revealed plans to form a new gaming subsidiary, with Chinese technology giant Tencent investing 1.16 billion euros ($1.25 billion) i
Keywords: firm game games tencent ubisoft
Find related items on AmazonPublished on: 2025-05-24 19:48:45
In this article UBI-FR Follow your favorite stocks CREATE FREE ACCOUNT Artwork for Ubisoft's upcoming "Assassin's Creed Shadows" game. John Keeble | Getty Images Ubisoft shares surged on Friday after the French video game publisher announced a deal to spin out some of its best-selling franchises. On Thursday, Ubisoft revealed plans to form a new gaming subsidiary, with Chinese technology giant Tencent investing 1.16 billion euros ($1.25 billion) into the unit. The subsidiary will include Ubiso
Keywords: creed game games tencent ubisoft
Find related items on AmazonPublished on: 2025-05-25 03:22:58
Assassin's Creed maker gets $1.25bn Chinese investment Tencent, which is one of the world's biggest video games developers, is also known for its internet-based services, including the hugely popular messaging app WeChat. The unit will run some of the French firm's biggest franchises, including Assassin's Creed, Far Cry and Tom Clancy's Rainbow Six. Shenzhen-based Tencent will own about a quarter of the new business, with Ubisoft holding the rest of the new subsidiary, which is valued at arou
Keywords: assassin creed games tencent ubisoft
Find related items on AmazonPublished on: 2025-05-25 19:36:00
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 that has struggled to launch hits until its most-recent launch of Assassin’s Creed: Shadows, said it is accelerating its transformation with this important step. The company said it is rapidly evolving its operating model with the creation of a dedicated subsidiary based on its Assassin’s Creed, F
Keywords: new subsidiary tencent transaction ubisoft
Find related items on AmazonPublished on: 2025-06-09 22:01:03
In this article 700-HK Follow your favorite stocks CREATE FREE ACCOUNT Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China. Cheng Xin | Getty Images News | Getty Images Tencent on Wednesday posted a fourth-quarter beat on top and bottom line driven by a surge in gaming and advertising revenue. The company also notched a ramp-up in capital expenditure, which more than tripled in 2024, as it presses ahead with boosting its
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