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Shareholders also want to limit the voting power of the Guillemot family, who founded Ubisoft. One of Ubisoft's shareholders accuses the French video game publisher of entering IP acquisition ...
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.
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, the parent company behind VALORANT, and Riot Games, the developer behind League of Legends, have also invested in ...
Ubisoft, the gaming giant behind Assassin's Creed, is in hot water again. Just as fans were raving about Assassin's Creed ...
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).
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 ...
Ubisoft has launched a new subsidiary dedicated to its big three IPs - Assassin's Creed, Rainbow Six, and Far Cry - in a move CEO Yves Guillemot has called a "new chapter" for the publisher.
But all of it will still report up to Ubisoft proper and its current CEO, Yves Guillemot. “With the creation of a dedicated subsidiary that will spearhead development for three of our largest ...
“Today Ubisoft is opening a new chapter in its history,” said Ubisoft co-founder and CEO Yves Guillemot in a press release. “As we accelerate the company’s transformation, this is a ...
Shenzhen-based Tencent, which owns the popular messaging app WeChat, will hold about a quarter of a new subsidiary.
Ubisoft announced Thursday it is spinning off three of its biggest franchises – “Assassin’s Creed,” “Far Cry” and “Rainbow Six” – into a new subsidiary backed by Tencent.