Ubisoft promotes a new subsidiary game, Tencent to threaten

On January 9, Ubisoft said she postponed the launch of “Shadows Shadows Assassin” and appointed advisers to reconsider strategic options.

Inna Fasbander | AFP via Getty Images

Ubisoft On Thursday announced that it creates a new subsidiary with the Chinese technological giant Favorable Investing of 1.16 billion euros (1.25 billion dollars).

A subsidiary company focuses on the most famous Ubisoft game brands, including Assassin’s Creed, Far CRY and Tom Clancy’s Rainbow Six, the company reports.

It will “focus on the construction of gaming ecosystems designed to become really evergreen and multi-platform,” Ubisoft said in a press -release Thursday.

“Support for greater investments and increased creative potential, this will further improve the quality of narrative solo experience, expand the offers of multiplayer players with increasing the frequency of content, the introduction of free points of sensory points and integration more social functions,” the company added.

Investing with Tencent estimates the new subsidiary of 4 billion euros, said Ubisoft, which means 4 times, multiple depending on its average sale from 2023 to 2025.

“This emphasizes the great value of IPS Ubisoft, greatly strengthens its balance and allows the company to continue its efforts to become a more agile organization, unleash the full creativity of its teams and better align its resources with constantly developing players’ expectations,” Ubisoft said.

This step stems from the months of speculation about the future Ubisoft. In January Ubisoft Designed by Advisor Revise its strategic optionsFalling rumors about potential sale.

Earlier this month, Bloomberg reported that the Publisher of the Games wanted to attract external investments in the new organization, including some basic intellectual property.

Next year after the report from Bloomberg, which Tencent discussed the possible work in particular with the founders of Ubisoft Family Family Guillemot.

The transaction news also comes a week after Ubisoft released Assassin’s Creed Shadows, the last title in its most sold franchise. The game was greeted as a whole by positive reviews of critics, scoring the average score of 82 on the metocritical site.

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