Fri, 28 Mar 2025

Fri, 28 Mar 2025 Assassin's Creed maker gets $1.25bn Chinese investment

The unit will run Ubisoft's biggest franchises, including Assassin's Creed, Far Cry and Tom Clancy's Rainbow Six.
Tencent, China's largest tech company, has invested €1.2 billion in a spin-off subsidiary from French gaming giant Ubisoft. The new entity will manage some of Ubisoft's biggest franchises, including Assassin's Creed and Far Cry, and is valued at approximately €4 billion. Tencent will hold about 25% stake in the subsidiary, while Ubisoft retains the remaining share. This investment marks Tencent's second-largest shareholder status in Ubisoft, behind only its own founders. The deal follows a tumultuous period for Ubisoft, which has seen declining stock value due to delays and poor sales of several major titles.
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