According to Bloomberg, Ubisoft (Ubisoft) has split its hit games such as Assassin's Creed, Far Cry and Rainbow Six into a new subsidiary valued at about 4 billion euros (about 4.30 billion dollars). Tencent Holdings will pay 1.16 billion euros for a 25% stake in the subsidiary, and the new entity will hold the IP licenses for these games and operate by collecting royalties. The deal is expected to close by the end of 2025, and Ubisoft will use the proceeds to pay down debt and support the devel...
According to Reuters, Ubisoft's acquisition talks are continuing, with the Guillemot family, Ubisoft's owners, continuing discussions with Tencent and other investors about buying the company. Tencent is still hesitant to increase its stake in the company, but Tencent's negotiations are designed to prevent "any potential hostile takeover of Ubisoft by other investors". Tencent declined to comment on previous reports that Ubisoft is interested in being taken private by Tencent, Ubisoft's second l...
French video game company Ubisoft has announced that its first Web3-powered game, Champions Tactics: Grimoria Chronicles, will be launched on October 23 and will be deployed on the Oasys Layer2 network Home Verse, a blockchain-powered Web3 gaming ecosystem.
The demo highlights the AI-powered NPCs' cognitive abilities, offering a glimpse into the future of gaming.