The expansion of the concert with Tencent further reinforces Ubisoft’s core shareholding around its founders and provides the company with the stability essential for its long-term development
Tencent is a key shareholder partner for many of the industry’s leaders, who have created some of the most outstanding video games. This transaction reinforces our ability to create strong value over the coming years.
This isn’t the only time Tencent has been in the news regarding obtaining stakes in big-name studios. Combined with Sony Interactive, Tencent acquired 30% of FromSoftware last week.
The team at Ubisoft has shown an impressive ability to consistently create world-class entertainment along with a diverse portfolio of brands that include some of the most successful franchises in the industry
Ubisoft is best known for the Assassin’s Creed franchise. The series’ next entry, Assassin’s Creed Mirage, was recently confirmed, with more details to be revealed soon
The video game industry has recently been on a spending spree regarding studio acquisitions. Microsoft bought Activision Blizzard in January for $70 billion, which seemed to kickstart everything.