Guillemot Family And Tencent May Move Select Ubisoft Assets To New Venture
Is Ubisoft in the endgame..?A new report from Bloomberg reveals that the Guillemot family and Tencent may currently be in talks to move select Ubisoft assets over to a brand-new venture (thanks, VGC).Following a lengthy period in which Ubisoft has struggled in the midst of a rapidly declining share price, the move is supposedly said to serve two purposes: to boost the company's value and to provide Tencent with more control over Ubisoft's IP, thus increasing its gaming presence outside of China.Read the full article on nintendolife.com
Is Ubisoft in the endgame..?
A new report from Bloomberg reveals that the Guillemot family and Tencent may currently be in talks to move select Ubisoft assets over to a brand-new venture (thanks, VGC).
Following a lengthy period in which Ubisoft has struggled in the midst of a rapidly declining share price, the move is supposedly said to serve two purposes: to boost the company's value and to provide Tencent with more control over Ubisoft's IP, thus increasing its gaming presence outside of China.
Read the full article on nintendolife.com
What's Your Reaction?
