Tencent will be a minority shareholder in the new venture, which is expected to be completed by the end of 2025.

Chinese tech giant Tencent will invest €1.16 billion ($1.25 billion) for a 25% stake in the newly formed unit, which will ...

Ubisoft shares rose more than 10% on Friday after the French video game maker announced plans to set up a subsidiary in which ...

Assassin’s Creed,” “Far Cry” and “Rainbow Six Siege” will lead IP portfolio for new Ubisoft company amid market rush for multimedia licenses ...

Ubisoft has announced the formation of a new subsidiary with tencent that will consolidate its major game franchises, ...

In a landmark deal, Chinese technology behemoth Tencent has made a significant investment of €1.2 billion ($1.25 billion) in ...

In a bold move signaling a transformative phase for the gaming industry, Ubisoft has announced the creation of a new subsidiary, with a substantial investment of 1.16 billion euros ($1.25 billion) ...

Ubisoft’s strategic realignment through the creation of this subsidiary ... Consequently, TD Cowen has lowered its financial estimates, adjusting the fiscal year 2025 bookings forecast from €1.95 ...

In a significant move poised to reshape the gaming landscape, Ubisoft Entertainment SA has announced plans to carve out a new subsidiary encompassing its most popular franchises, including Assassin's ...

The deal is expected to close by the end of the current financial year. Ubisoft Bolsters its ... the back catalog and any new games under development. Ubisoft has long been considering strategic ...

They have adjusted their financial estimates ... analysts also maintained a Hold rating on Ubisoft shares, reflecting the company’s strategic shifts and ongoing transformation efforts.

Ubisoft’s strategic realignment through the creation ... Consequently, TD Cowen has lowered its financial estimates, adjusting the fiscal year 2025 bookings forecast from €1.95 billion to ...