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 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 ...

(Bloomberg) -- Tencent Holdings Ltd. and Ubisoft Entertainment SA’s founding Guillemot family are considering creating a new venture that would include certain Ubisoft assets as they seek to ...

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

Tencent’s $1.25B investment boosts Ubisoft’s growth, strengthens its balance sheet, and unlocks Asian market potential with a ...

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.

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 ...

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 also has ~10% stake in Ubisoft 1, and purchased 49.9% stake in Ubisoft 1's majority shareholder Guillemot Bros. Ltd., which is run by Ubisoft's founding Guillemot family. Ubisoft workers ...

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 ...