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 ...

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).

Trending Now: Bethesda paywalls new Oblivion Remastered quests and armor The internal memo from Ubisoft CEO Yves Guillemot regarding that announcement has been acquired by Insider Gaming's Tom ...

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 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.

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 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 ...

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

and creating the best conditions for these franchises’ long-term growth and success," said Ubisoft CEO Yves Guillemot. "With its dedicated and autonomous leadership team, it will focus on ...

Shenzhen-based Tencent, one of the world’s largest video games companies by sales, will own about a quarter of the new unit, with Ubisoft controlling the remainder. Yves Guillemot ...

Ubisoft CEO Yves Guillemot framed it as a "foundational step" toward an "agile and ambitious" new operating model for the company's future. The deal, unveiled this week, includes a $1.25 billion ...

“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 ...