Ubisoft has announced that it has established a new dedicated subsidiary funded by Tencent, which acquired a 25 percent minority stake with an investment of €1.16 billion. The subsidiary will be based on the Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow Six brands. It will focus on “building game ecosystems designed to become truly evergreen and multiplatform.” Completion of the transaction is expected before the end of 2025.
Ubisoft co-founder and CEO Yves Guillemot commented on the announcement in a press release:
Today Ubisoft is opening a new chapter in its history. As we accelerate the company’s transformation, this is a foundational step in changing Ubisoft’s operating model that will enable us to be both agile and ambitious. We are focused on building strong game ecosystems designed to become evergreen, growing high-performing brands and creating new IPs powered by cutting-edge and emerging technologies.
With the creation of a dedicated subsidiary that will spearhead development for three of our largest franchises and the onboarding of Tencent as a minority investor, we are crystalizing the value of our assets, strengthening our balance sheet, and creating the best conditions for these franchises’ long-term growth and success. With its dedicated and autonomous leadership team, it will focus on transforming these three brands into unique ecosystems.
We are committed to building a sharper, more focused organization-one where talented teams will take our brands to the next level, accelerate the growth of emerging franchises, and lead innovation in next-generation technologies and services, all with the goal of delivering enriching, memorable games that exceed players’ expectations, and create superior value for our shareholders and other stakeholders.
Tencent president Martin Lau added:
We are excited to extend our longstanding partnership with Ubisoft through this investment, which reflects our continued confidence in Ubisoft’s creative vision and exceptional talent to drive sustained success in the industry. We see the immense potential for these franchises to evolve into long-term evergreen game platforms and create engaging new experiences for gamers.
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A gameplay trailer was also released.
