Ubisoft has announced that Tencent has invested US$1.25 billion in their new gaming subsidiary.
Tencent has invested 1.16 billion (US$ 1.25 billion) in the subsidiary for a 25% stake.
With its dedicated and autonomous leadership team, it will focus on transforming these three brands into unique ecosystems.
When this article was published, the new carveout from Ubisoft didn’t have a name yet.
According toReuters, Ubisoft stock has risen 10% after Tencent’s investment in the new subsidiary.
Check out ourreview of Assassin’s Creed: Shadows here.
