American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Business

Ubisoft shares surge as Tencent invests in new unit housing franchises like Assassin’s Creed

by admin March 28, 2025
March 28, 2025
Ubisoft shares surge as Tencent invests in new unit housing franchises like Assassin’s Creed

Shares of Ubisoft Entertainment surged on Friday after the French video game company announced plans to create a new subsidiary that will house some of its most popular franchises.

Chinese tech giant Tencent will invest €1.16 billion ($1.25 billion) for a 25% stake in the newly formed unit, which will include the Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow Six brands.

The deal values the subsidiary at €4 billion, including debt, Ubisoft said in a statement.

The move is part of Ubisoft’s broader strategy to stabilize its business after a period of declining sales, game delays, and investor pressure.

With this deal, the company aims to create multi-platform game ecosystems around its best-selling franchises while focusing its core operations on new projects.

Ubisoft stock gains after prolonged struggles

Following the announcement, Ubisoft’s stock jumped 9.1% to €14.09 in European morning trade, pushing its market capitalization to around €1.8 billion.

The rally builds on gains from earlier in the week, which were fuelled by the successful launch of the latest Assassin’s Creed instalment.

Despite the recent rebound, Ubisoft’s share price remains down about 28% over the past year.

The company has faced ongoing struggles, including multiple delays of major game releases.

Assassin’s Creed Shadows, one of its most anticipated titles, has been postponed twice in the last six months.

Additionally, Ubisoft cut its earnings guidance in September, further weighing on investor confidence.

The restructuring marks a turning point for the company, which had been exploring strategic options for months.

Some investors had even called for Ubisoft to go private as it struggled to recover from underwhelming game launches and shifting industry trends.

Tencent strengthens foothold in gaming

As part of the agreement, the new subsidiary will receive an exclusive, irrevocable, and perpetual license to develop games under the Assassin’s Creed, Far Cry, and Rainbow Six brands.

Ubisoft will retain overall control and continue consolidating the subsidiary within its financial results, ensuring that it maintains a direct influence over its core franchises.

For Tencent, the deal represents another step in expanding its presence in the global gaming market.

The Chinese company, which already holds stakes in several major gaming firms, including Riot Games and Epic Games, has been seeking international growth opportunities amid increasing regulatory scrutiny in its home market.

Ubisoft co-founder and Chief Executive Yves Guillemot said the deal marks a significant moment in the company’s history, paving the way for a new phase of growth.

The company plans to share more details on its future operating structure in the coming months.

The Assassin’s Creed franchise has been one of Ubisoft’s most successful, selling over 200 million copies worldwide.

According to a company earnings report, the series generated around €4 billion in revenue over the past decade, underscoring its importance in Ubisoft’s long-term strategy.

The post Ubisoft shares surge as Tencent invests in new unit housing franchises like Assassin’s Creed appeared first on Invezz

0
FacebookTwitterGoogle +Pinterest
previous post
From Hyundai, Kia to Tesla: here’s how Trump’s auto tariffs will hit carmakers
next post
Will the crashing IndusInd Bank share price recover?

Related Posts

Inside Robinhood’s ‘apocalypse’ team: Vlad Tenev reveals his...

August 15, 2025

Tata Steel, Hindalco, other Indian steel stocks surge...

December 23, 2024

NTT Data Group plans Singapore REIT IPO in...

June 27, 2025

DeepSeek fuels India-to-China capital rotation: should you jump...

February 24, 2025

Can Nissan regain its edge? New CEO’s plan...

March 26, 2025

IBM stock is rising, but this future dividend...

October 1, 2024

Penny stocks analysis: AITX, Intelligent Bio (INBS), Tonix...

September 10, 2024

What to expect from Indian markets ahead of...

October 28, 2024

Rivian secures up to $5 billion from Volkswagen;...

June 28, 2024

IonQ stock has soared: could it soar by...

November 8, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • FBI raid on John Bolton’s home in Washington linked to classified documents

      August 25, 2025
    • Argentine senate deals blow to Milei’s austerity agenda with university budget boost

      August 25, 2025
    • Jackson Hole Symposium: what Powell said about economic effects of Trump’s tariffs

      August 25, 2025
    • At Jackson Hole, Fed Chair Powell signals possible cuts while warning of uncertainty

      August 25, 2025
    • Trump threatens to fire Fed Governor Lisa Cook amid mortgage fraud allegations

      August 25, 2025

    Categories

    • Business (3,763)
    • Investing (2,783)
    • Latest News (2,048)
    • Politics (1,530)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved