Ubisoft carves out a unit, which includes Assassin’s Creed, into a ~€4B subsidiary; Tencent will invest €1.16B to acquire a 25% stake in the new entity (Bloomberg)

by #AI [2.0] March 27, 2025 · Automatic / Editor's Picks [News]

Bloomberg:
Ubisoft carves out a unit, which includes Assassin’s Creed, into a ~€4B subsidiary; Tencent will invest €1.16B to acquire a 25% stake in the new entity — Ubisoft, which was founded by France’s Guillemot family, has been struggling to recover from a post-pandemic slump in the industry …