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Ubisoft shares surge on deal to spin off top game franchises

Artwork for Ubisoft’s upcoming “Assassin’s Creed Shadows” game. John Keeble | Getty Images Ubisoft shares surged on Friday after the French video game publisher announced a deal to spin out some of its best-selling franchises. On Thursday, Ubisoft revealed plans to form a new gaming subsidiary, with Chinese technology giantĀ TencentĀ investing 1.16 billion euros ($1.25 billion) … Read more

Ubisoft spins out new gaming subsidiary, Tencent to take stake

On Jan. 9, Ubisoft said it was postponing the launch of “Assassin’s Creed Shadows” and had appointed advisors to review strategic options. Ina Fassbender | AFP via Getty Images Ubisoft on Thursday announced that it’s creating a new gaming subsidiary with Chinese technology giant Tencent investing 1.16 billion euros ($1.25 billion) into the unit. The … Read more

Assassin’s Creed maker Ubisoft (UBI) faces questions over its future

Artwork for Ubisoft’s upcoming “Assassin’s Creed Shadows” game. John Keeble | Getty Images French video game publisher Ubisoft is facing questions over its future, as it grapples with a lackluster games pipeline and pressure from investors to seek a sale. The company, which produces the “Assassin’s Creed” franchise, said in updated guidance last week that … Read more

Ubisoft appoints advisors to explore options after buyout report

The Ubisoft logo displayed during the Brand Licensing Europe at ExCel London on September 24, 2024. John Keeble | Getty Images French video game publisher Ubisoft said Thursday it’s appointing advisors to review and pursue strategic options after a report last year suggested that its majority backers were considering a buyout. Ubisoft said in a … Read more

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