Tencent invests in Ubisoft, will bring its franchises to mobile and PC in China


Source: gamepur.com gamepur.com

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About a month ago, it was reported that Tencent was looking to own a big chunk of Ubisoft . Now we know that its investment is more of a roundabout move to raise its stake in the company. Tencent isn’t taking over Ubisoft, but it is increasing its number of shares. Axios’ Stephen Totilo reported the news on Twitter . “[Tencent] is investing heavily in [Ubisoft,]” he writes, “announcing a new €300 million investment in Guillemot Bros, the company run by Ubisoft’s co-founders.” This investment allows the Guillemot family to maintain control of Ubisoft, something it’s been looking to maintain...