Guillemot Family and Tencent to Consider Moving Ubisoft Assets to a New Venture, According to Report
As a gamer, I’ve been keeping an eye on the gaming industry news, and it seems like there might be some exciting changes coming up. The Guillemot family, who founded Ubisoft, is collaborating with Tencent, a major player in the Chinese conglomerate scene. Rumor has it that they are considering a shakeup, potentially transferring some of Ubisoft’s beloved properties to a fresh new venture. It’ll be interesting to see how this develops!
As per a confidential source familiar with the matter, reported by Bloomberg, this emerging entity is set to acquire some valuable assets from Ubisoft, potentially increasing the company’s total worth.
In simpler terms, the Guillemot family holds approximately 14% of Ubisoft’s stocks, while Tencent owns around 9.99%. If some Ubisoft assets were transferred to a new venture, Tencent might gain a larger influence or control over that new endeavor due to their higher percentage ownership.
It’s possible that some Ubisoft game series might come under Tencent’s control instead of Ubisoft, should the deal go ahead.
The report suggests that neither side has reached a definitive conclusion so far. This announcement follows the news about Ubisoft’s stock losing value, which might be an attempt to rectify their less-than-stellar 2024 performance.
The upcoming title from the company is Assassin’s Creed Shadows, set to launch on 20th March following a recent postponement.
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2025-01-15 17:42