Chinese tech titan Tencent is set to invest $1.25 billion in French video game maker Ubisoft, in exchange for a 25% stake in ...
By Johan BODINIER and Alessandro Parodi (Reuters) -Ubisoft shares rose as much as 12% on Friday after it announced plans to ...
Ubisoft studios VP tells employees that uncertain times are ahead and that the org currently doesn't have all the answers ...
Key Points Chinese tech behemoth Tencent is set to acquire roughly 25% of Ubisoft’s new subsidiary that will handle its ...
Tencent will be a minority shareholder in the new venture, which is expected to be completed by the end of 2025.
Chinese technology giant Tencent said today it would boost capital expenditure in 2025, as it doubles down on artificial ...
Ubisoft Entertainment SA’s US-listed shares soared as much as 20% after the video game maker said it will carve out a unit ...
Tencent's investment in the new subsidiary values it at €4 billion, implying a four-times multiple based on its average sales ...
Ubisoft and Tencent partner for a new $4.3 billion subsidiary, featuring Assassin's Creed, Far Cry, and Rainbow Six. Learn ...
Chinese tech giant Tencent will invest €1.16 billion ($1.25 billion) for a 25% stake in the newly formed unit, which will ...
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 ...
French videogame maker Ubisoft said on Thursday it has set up a subsidiary in which China's Tencent will invest 1.16 billion ...