Assassin’s Creed-maker Ubisoft gets $1.25bn investment from Chinese tech giant Tencent

The Chinese company Tencent has invested a value of 1.2 billion euros ($ 1.25 billion) at UBISOFT offer, Video’s Assassin’s Creed.
The Shenzhen -based Tence will have about a quarter of new business, as Ubisoft holds the rest of the new sub -company, which is estimated at 4 billion euros.
The unit will manage some of the largest French company privileges, including Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six.
Trent, one of the largest video game developers in the world, is also famous for its online services, including the famous WeChat.
“Today Ubisoft opens a new chapter in its history.” He said in a statement.
TENCENT is now the second largest contributor to Ubisoft with less than 10 %.
“We are excited to expand our long partnership with Ubisoft through this investment,” said Martin Lao, President of Tenninent.
Ubisoft said it will now focus on its other titles, including Tom Clance’s Ghost Recon and the section.
UBISOFT’s market value has decreased sharply in recent years after delaying the launch of new games and low sales.
This is despite its shares earlier this month, as investors welcomed the launch of the latest batch of Assassin’s Creed.
The shadows of the long -awaited belief have been delayed several times.
This was followed by the disappointing performance of another of the company’s main titles, Lars Outlaws, and some spectators’ fears about how to run Ubisoft.
Objects of sexual misconduct by former executives at Ubisoft The company also struck.