Ubisoft

Ubisoft spins out new gaming subsidiary, Tencent to take stake newsthirst.

newsthirst3 months ago3 months ago03 mins

On Jan. 9, Ubisoft said it was postponing the launch of “Assassin’s Creed Shadows” and had appointed advisors to review strategic options. Ina Fassbender | AFP via Getty Images Ubisoft on Thursday announced that it’s creating a new gaming subsidiary with Chinese technology giant Tencent investing 1.16 billion euros ($1.25 billion) into the unit. The…

Ubisoft appoints advisors to explore options after buyout report newsthirst.

newsthirst5 months ago5 months ago04 mins

Artwork for Ubisoft’s upcoming “Assassin’s Creed Shadows” game. John Keeble | Getty Images French video game publisher Ubisoft said Thursday it’s appointing advisors to review and pursue strategic options after a report last year suggested that its majority backers were considering a buyout. Ubisoft said in a strategic update that “leading advisors” had been hired…

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