Ubisoft spins out new unit for Assassin’s Creed and other games, Tencent to take $1.25 billion stake cnbc.com

Ubisoft spins out new unit for Assassin’s Creed and other games, Tencent to take $1.25 billion stake

Ubisoft on Thursday announced it’s creating a new gaming subsidiary and that Chinese technology giant Tencent will invest 1.16 billion euros ($1.25 billion) into the unit.