Tencent has invested $1.25 billion in a new Ubisoft operating division that includes the core games Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six brands.

Through a "formal and competitive process," Ubisoft selected Tencent to invest a minority stake of €1.16bn ($1.25bn) to focus on expanding those games' "truly evergreen and multiplatform ...

and Tom Clancy’s Rainbow Six games, with Tencent Holdings 700 0.10%increase; green up pointing triangle investing 1.16 billion euros ($1.25 billion) for a minority stake in the subsidiary.

We see the immense potential for these franchises to evolve into long-term evergreen game platforms and create engaging new experiences for gamers.” Tencent would invest in the new subsidiary ...

Struggling French videogame maker Ubisoft (OTCPK:UBSFY) said it's spinning out a unit containing some of its top games, and Tencent Holdings is investing in it, boosting its previous stake in the ...