Ubisoft cut its 2024-2025 fiscal year guidance due to poor management execution and game launch delays, notably Assassin’s Creed Shadows. Tencent is a likely buyer for Ubisoft, with the appointment of ...

Struggling French videogame maker Ubisoft (OTCPK:UBSFY) said it's spinning out a unit containing some of its top games, and Tencent Holdings is investing in it, boosting its previous stake in the ...

Ubisoft has finally done it – they’ve raised a gun to the Assassin's Creed franchise, and with their new deal with Tencent, they’ve finally pulled the trigger. After a particularly troubling 2024, ...

The investment in Vantage Studios values the company at a pre-money enterprise value of €3.8 billion, giving Tencent a 26% ...

The market seems to have responded positively to the announcement of the new agreement between Tencent and Ubisoft. Ubisoft’s stock prices have significantly increased, with a 12% rise recorded during ...

Ubisoft is back in the news again and it’s still not looking good for the game industry giant. A minority shareholder and ever growing group of other shareholders have demanded that Ubisoft hold an ...

TL;DR: Ubisoft has partnered with Tencent, which invested $1.2 billion for a 25% stake in a new subsidiary, "Ubisoft 2." This move aims to enhance Ubisoft's game development but has caused employee ...

There’s been a lot of chatter about the state of Ubisoft and the company’s future, and Tencent’s name has been floated as a potential suitor should the Assassin’s Creed developer ever become available ...

A Bloomberg report is claiming that Assassin’s Creed publisher Ubisoft is looking to establish a new gaming group with investors that would play home to some of its biggest IPs, with Chinese company ...

Ubisoft's founding family is seeking a deal with Tencent that may involve starting a new venture with some Ubisoft assets. When you purchase through links on our site, we may earn an affiliate ...

Ubisoft on Thursday announced that it's creating a new gaming subsidiary with Chinese technology giant Tencent investing 1.16 billion euros ($1.25 billion) into the unit. The subsidiary will focus on ...

Contrary to prior speculation, Tencent is neither fully acquiring Ubisoft nor exiting the companies' existing $1.25 billion agreement. During an earnings call following the delayed release ...