Business

Tencent Makes a Bold Move: Invests €1.16 Billion in Ubisoft's New Gaming Subsidiary

Ubisoft Announces Strategic Partnership with Tencent

In a groundbreaking move, Ubisoft Entertainment SA revealed plans to establish a new subsidiary focused on its flagship gaming franchises: Assassin's Creed, Far Cry, and Tom Clancy's Rainbow Six. Chinese tech behemoth Tencent Holdings Ltd. is set to invest a staggering €1.16 billion for a minority stake in this venture.

A Vision for Long-Term Growth

"This strategic partnership not only highlights the value of our assets but also secures a robust foundation for the future growth and success of these iconic franchises," stated Yves Guillemot, CEO of Ubisoft. The collaboration underscores Ubisoft's commitment to innovation and expansion in the gaming industry.

Valuation and Future Prospects

With Tencent's investment valuing the new subsidiary at approximately €4 billion, the deal reflects a significant vote of confidence in Ubisoft's creative vision and market potential. This valuation suggests an optimistic outlook for the gaming giant's financial and creative trajectory through 2025.