Ubisoft Carves Out Top Games Unit; Tencent to Get 25% Stake

[Gizmo_Duck]

https://www.lesechos.fr/tech-medias/hightech/ubisoft-cree-une-filiale-regroupant-ses-licences-xxl-avec-tencent-qui-investit-12-milliard-deuros-2156611

Ubisoft creates a subsidiary of its XXL licences with Tencent investing EUR 1.2 billion​

The French heavyweight of the video game has announced that it is creating a new subsidiary that will consolidate its three most iconic licenses: Far Cry, Assassin's Creed and Rainbow Six.

This is a major milestone in the soon-together-orage Ubisoft 40. On Thursday, the French heavyweight of the video game announced that he was creating a subsidiary that would combine its three most iconic licenses: Far Cry, Assassin's Creed and Rainbow Six. Installed in France and consolidated in Ubisoft's accounts, this structure will be operational and will take care of the development of games, publishing, marketing and distribution.

Several thousand employees will therefore switch from the fold of Ubisoft's historic channel to this new structure. Everything has not yet been stopped but this transfer will concern employees working in the group's studios located in Quebec City, Montreal, Barcelona or Sofia.

Valuation of EUR 4 billion​

At the same time, the Chinese giant Tencent - which already owns 9.99 % of Ubisoft's shares and 49.9% of the family holding company Guillemot Brothers (with 17.3% of the voting rights) - will inject EUR 1.16 billion into this subsidiary from which it will own almost 25%. An operation valuing the subsidiary 4 billion.

With this set-up, the Guillemot siblings thus bring fresh money thanks to this structure - whose valuation is much greater than the group's market capitalization - and strengthens its control over its major assets.

 

[Diondon]

What does this mean, Basil?

 

[drifter]

What does this mean, Basil?

Acquisition in a few years

 

[Gizmo_Duck]

What does this mean, Basil?

​

 

[rdj]

Ubisoft lives to see another day

 

[MajesticLion]

 

[Dirty Mcdrawz]

What does this mean, Basil?

Layoffs, possible acquisition, then more layoffs.

 

[Rice N Beans]

Layoffs, possible acquisition, then more layoffs.

Infinite growth.

 

[TDT]

Damn they couldn't get Splinter Cell

 

[Ezekiel 25:17]

Acquisition in a few years

Hopefully they go under.

 

[Hey_zeus]

Rayman dead than a mf

 

[Gizmo_Duck]

Hopefully they go under.

Why

 

[Ezekiel 25:17]

Why

Because Ubisoft is ass, that's why. What kinda question is that?

 

[Ezekiel 25:17]

Why

Microtransactions out the ass
Grindy games
Repetitive Bloated games
They always try coping games based on what's trending e.a. COD, Battle Royale, etc.
Destroyed the Tom Clancy franchise
Don't give 2 fukks about Splinter Cell fans
People been asking for a Samurai game and they JUST now releasing one.

XDefiant flopped and cancelled.
Hyperscape flopped and cancelled.
The Division Heartlands cancelled.
Splinter Cell dead in the water.
Prince of Persia dead in the water.

 

[Gizmo_Duck]

Microtransactions out the ass
Grindy games
Repetitive Bloated games
They always try coping games based on what's trending e.a. COD, Battle Royale, etc.
Destroyed the Tom Clancy franchise
Don't give 2 fukks about Splinter Cell fans
People been asking for a Samurai game and they JUST now releasing one.

XDefiant flopped and cancelled.
Hyperscape flopped and cancelled.
The Division Heartlands cancelled.
Splinter Cell dead in the water.
Prince of Persia dead in the water.

Its employing people and people that buy their games don’t give a fukk.

just ignore them like i do