Tencent and the Guillemot family are reportedly evaluating assets to include in a new entity and trying to determine their valuation, sources told Bloomberg, asking not to be identified because ...

Shareholders also want to limit the voting power of the Guillemot family ... to hold a vote over two resolutions regarding the recent Tencent deal. The first is to restructure it as a direct ...

Privacy experts slam Ubisoft for harvesting player data without consent in Assassin's Creed Shadows. A $104 million fine ...

Tencent, the parent company behind VALORANT, and Riot Games, the developer behind League of Legends, have also invested in ...

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.

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 ...

That followed reporting from Bloomberg last year that Tencent was discussing a possible take-private deal with Ubisoft's founding Guillemot family. News of the transaction also arrives a week ...

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).

Shenzhen-based Tencent, which owns the popular messaging app WeChat, will hold about a quarter of a new subsidiary.

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 ...