Ubisoft Spins Off Assassins Creed Far Cry Rainbow Six into New Subsidiary with Tencent
"A new chapter in Ubisoft's history".
In a complicated corporate move, Ubisoft has announced it’s creating a new subsidiary to house its most important intellectual properties: Assassin’s Creed, Far Cry, and Rainbow Six.
The new company, valued at around €4 billion, will receive a €1.16 billion injection of cash from Chinese giant Tencent, who will gain a 25% stake in the organisation in return.
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