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 ...

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 ...

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 ...

Guillemot stated that the deal will "crystallize ... nor is the fate of those not making the cut. For Tencent, doubling down on major Ubisoft franchises represents a renewed vote of confidence ...

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

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 ...

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.

In return, Tencent is lobbing in a €1.16 billion ... influence over yet another Western game maker. Ubisoft CEO Yves Guillemot shared his enthusiasm about this development, stating, "Today ...