this post was submitted on 27 Mar 2025
46 points (94.2% liked)

Games

37551 readers
1131 users here now

Welcome to the largest gaming community on Lemmy! Discussion for all kinds of games. Video games, tabletop games, card games etc.

Weekly Threads:

What Are You Playing?

The Weekly Discussion Topic

Rules:

  1. Submissions have to be related to games

  2. No bigotry or harassment, be civil

  3. No excessive self-promotion

  4. Stay on-topic; no memes, funny videos, giveaways, reposts, or low-effort posts

  5. Mark Spoilers and NSFW

  6. No linking to piracy

More information about the community rules can be found here and here.

founded 2 years ago
MODERATORS
[email protected]
[email protected]
46
Ubisoft Carves Out Top Games Unit; Tencent to Get 25% Stake (finance.yahoo.com)
submitted 2 weeks ago* (last edited 2 weeks ago) by [email protected] to c/[email protected]
3 comments fedilink hide all child comments
 

Ubisoft Entertainment SA will carve out a unit including Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Sixinto a subsidiary with an enterprise value of about €4 billion ($4.3 billion).

Tencent Holdings Ltd. will invest €1.16 billion to acquire a 25% stake in the new entity, which will have licenses for the intellectual property of the games in exchange for a royalty, the French video game company said in a statement on Thursday.

Ubisoft, which was founded by France’s Guillemot family, has been working to bring new investors into its video game properties, Bloomberg News has reported. The valuation of the new unit surpasses Ubisoft’s current enterprise value.

Ubisoft’s US-listed depositary receipts jumped as much as 12.5% on the news.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 9 points 2 weeks ago (2 children)

I'm not well versed in finance. Is this good news for Ubisoft or bad news?

load more comments (1 replies)