Assassin’s Creed,” “Far Cry” and “Rainbow Six Siege” will lead IP portfolio for new Ubisoft company amid market rush for multimedia licenses

The unit, backed by the new investment, is valued at EUR 4 billion (roughly Rs. 36,878 crore) and headquartered in France. Tencent's stake in the subsidiary will amount to approximately 25 percent, Ubisoft said.

As outlined in Ubisoft's press release about this deal, Tencent has agreed to invest €1.16bn for a "minority stake" of around 25% in the new subsidiary, which has been left unnamed for now and is valued at around €4 billion.

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.

French videogame maker Ubisoft said on Thursday it has set up a subsidiary in which China's Tencent will invest 1.16 billion euros ($1.25 billion).

Ubisoft (UBSFY) announced that Assassin’s Creed Shadows reached 1 million players on release, but that might not be the win investors hoped

Ubisoft Entertainment is restructuring its business by creating a new subsidiary focused on Assassin's Creed, Far Cry, and Tom Clancy's Rainbow Six. Tencent is investing €1.16 billion for a minority stake,

Assassin’s Creed Shadows has seen over 3 million players in the week since launch, Ubisoft has announced. But there's still no sales figure.