Ubisoft Family and Tencent Explore New Venture Utilizing Ubisoft Assets

Guillemot Family and Tencent Eye New Venture with Ubisoft Assets

Recent reports indicate that the Guillemot family, the founders of Ubisoft, along with Tencent Holdings Ltd., are exploring the creation of a new venture leveraging certain assets from Ubisoft. This development could significantly reshape the landscape of the gaming industry, particularly as both parties assess the potential assets and their respective valuations.

Details of the Proposed Collaboration

As per Bloomberg, if this collaboration materializes, Tencent would gain a stake in the new entity, thereby enhancing its influence over various Ubisoft properties. This could pave the way for greater expansion within the global gaming market, extending beyond its significant presence in China. Simultaneously, this arrangement would allow the Guillemot family to maintain control over Ubisoft, ensuring their vision continues to guide the company’s future.

Current Status of Deliberations

While discussions are actively ongoing, both companies have yet to confirm the viability of this venture. A spokesperson for Tencent refrained from commenting on the negotiations, and Ubisoft representatives have only mentioned the recent hiring of advisors to assess multiple strategies to enhance their market value. With various options on the table, it’s anticipated that any formal decisions are unlikely to be announced until after the upcoming release of Assassin’s Creed Shadows, which has recently experienced another delay.

The Significance of Assassin’s Creed Shadows

The pressure surrounding Assassin’s Creed Shadows has intensified since its postponement to March 20th, a strategic move that aligns with Ubisoft’s commitment to quality. Yves Guillemot, co-founder of Ubisoft, emphasized that this additional month is vital. The extension allows development teams to integrate player feedback collected over the preceding months, ensuring the game meets its full potential and contributes positively to Ubisoft’s year-end results.

As the gaming community eagerly anticipates the release, the implications of this potential collaboration between the Guillemot family and Tencent are being closely monitored. It remains to be seen how these developments will unfold and what impact they will have on Ubisoft’s future trajectory.

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