Tencent, the parent company behind VALORANT, and Riot Games, the developer behind League of Legends, have also invested in ...

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 ...

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.

It will also seemingly leave the Guillemot family in control, which was reportedly a sticking point in negotiations: Tencent will hold a minority stake in the venture of roughly 25%, with an ...

Shenzhen-based Tencent, which owns the popular messaging app WeChat, will hold about a quarter of a new subsidiary.

(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 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 ...

into a separate subsidiary thanks to a $1.25 billion investment from Chinese conglomerate Tencent. The massive deal allows the founding Guillemot family to remain in control of the publisher ...

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).

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 ...

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

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.