Ubisoft Restructures with New Subsidiary for Assassin’s Creed, Far Cry, and Rainbow Six; Secures Billion Tencent Investment
Photo from Ubisoft
Ubisoft Restructures with New Subsidiary for Assassin’s Creed, Far Cry, and Rainbow Six; Secures Billion Tencent Investment
PARIS – Ubisoft is taking a major step in reshaping its operations by establishing a dedicated subsidiary for three of its most successful franchises: Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow Six. As part of this transformation, Tencent has invested €1.16 billion for a minority stake in the new entity, marking a significant move in Ubisoft’s long-term strategy.
A New Chapter for Ubisoft’s Biggest Franchises
The new subsidiary will operate with a dedicated leadership team and focus on developing game ecosystems that are evergreen and multi-platform. With an emphasis on enhancing narrative-driven solo experiences, expanding multiplayer content, and introducing free-to-play touchpoints, the move is designed to boost engagement and drive growth for Ubisoft’s most iconic series.
Ubisoft Co-Founder and CEO Yves Guillemot described the restructuring as a foundational shift.
“As we accelerate the company’s transformation, this is a foundational step in changing Ubisoft’s operating model that will enable us to be both agile and ambitious. We are focused on building strong game ecosystems designed to become evergreen, growing high-performing brands, and creating new IPs powered by cutting-edge and emerging technologies,” he stated.
Tencent’s President, Martin Lau, expressed confidence in the move, emphasizing Ubisoft’s creative vision and long-term potential.
“We are excited to extend our longstanding partnership with Ubisoft through this investment, which reflects our continued confidence in Ubisoft’s creative vision and exceptional talent to drive sustained success in the industry,” said Lau.
Key Details of the Tencent Investment
The deal values the new entity at approximately €4 billion, with Tencent acquiring a 25% economic interest. Ubisoft will retain exclusive control over the subsidiary, ensuring creative independence while leveraging Tencent’s financial backing.
The agreement includes:
- A five-year lock-up period on Tencent’s shares, preventing any sale within that timeframe.
- Ubisoft retaining majority voting rights and share capital for at least two years.
- A call and put option allowing Ubisoft to repurchase Tencent’s stake under specific conditions.
- Tencent receiving customary minority protection rights and certain consent rights on asset disposals.
The investment will strengthen Ubisoft’s financial position, reduce net debt, and provide the capital needed to fuel innovation and sustain franchise growth.
Ubisoft’s Strategic Realignment
While this new subsidiary will focus on Assassin’s Creed, Far Cry, and Rainbow Six, Ubisoft will continue to develop other flagship franchises such as Tom Clancy’s Ghost Recon and The Division. The company also plans to accelerate the growth of its top-performing titles and explore new IPs powered by emerging technologies.
Ubisoft has assured fans that ongoing and future projects for these franchises will remain unaffected, with plans for enhanced game engines, online services, and increased production capabilities.
What Comes Next?
The transaction is expected to be finalized before the end of 2025, pending regulatory approvals and completion of the carve-out process to form the new subsidiary.
Ubisoft plans to reveal more details about its future operating model in the coming months. The restructuring marks a turning point for the company, promising greater agility, increased innovation, and enhanced gaming experiences for players worldwide.
About Author
