Home Top stories Ubisoft and Tencent together create a new subsidiary – Indian

Ubisoft and Tencent together create a new subsidiary – Indian

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Ubisoft and Tencent together create a new subsidiary – Indian

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Ubisoft announced a strategic partnership with the Chinese giant Tencentthe result of which will be the origin New subsidiary UbisoftThe cost of the new company will be approximately 4 billion euros, with tIntentration invests 1.16 billion euros in the project and acquires a 25% share.

The three largest Ubisoft franchises will be transferred to the new company – Assassin’s Creed, Far Cry and Rainbow SixIn addition to this series, the questionnaires, key development studios, such as Montreal, Kebec, Sherbrookoke, Saguenay, Barcelona and Sofia, will also be part of these series. They participate in important game series. Not only the aforementioned, but also previously focused on observing dogs or immortal phoenix.

General Director Ubisoft Yves GuillemoThe internal e -mail of television described this agreement as a historical milestone and appreciated the work of the entire team. This agreement should show Recognition of incredible workwhich the teams have made for many years. According to him, the value of these three brands directly reflects individual and collective talents and efforts that have become sign series.

He also added that Tencent investments will allow Ubisoft Accelerate long -term changes throughout the company. It is reported that these are the steps that many employees wished and which appeared from the IP of the Ubisoft XP internal survey. We also learned from the official statement that in parallel with the creation of the new Ubisoft subsidiary will focus on cult brands, including Ghost Recon and The Division, accelerates the development of its most powerful names and the use of breakthrough technologies in individual brands.

But is it really so fun? This is a little more. Having created a subsidiary Tenset creatively bypasses the contract with ubisoftThe questionnaires Ubisoft itself is a joint company, so it invests many organizations in it. The largest share, i.e. 14 % have a family of gilamotsIN Then Tencent “only” 10 %which is associated with the contract between the two companies. This guarantees that the tenant can have this work as much as possible so that Ubisoft can not buy. However, the creation of a subsidiary is changing the rules.

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Source :Indian TV

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