Ubisoft is establishing a new spin-off company centered on its top franchises: Assassin's Creed, Rainbow Six, and Far Cry, following years of financial struggles. This development comes as a response to speculations about potential bankruptcy or asset sales. Tencent is investing €1.16 billion for a significant stake in this new entity, valued at €4 billion. CEO Yves Guillemot emphasizes this move as a transformative step, aiming to build robust game ecosystems and new IPs, while Ubisoft will concentrate on developing its remaining franchises like Ghost Recon and The Division.
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...
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