Ubisoft launches new business for Assassin’s Creed and other big IPs, with €1.16bn Tencent investment

Ubisoft has launched a new subsidiary dedicated to its big three IPs – Assassin’s Creed, Rainbow Six, and Far Cry – in a move CEO Yves Guillemot calls a “new chapter” for the company. Chinese conglomerated Tencent will hold a minority stake in the new entity, having invested €1.16bn.

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