Tencent Completes €1.16 Billion Investment in Ubisoft’s Vantage Studios

Share
Share
Frame 1171276608

Tencent Completes €1.16 Billion Investment in Ubisoft’s Vantage Studios

Frame 1171276608

Ubisoft confirms Tencent’s €1.16 billion investment in Vantage Studios, overseeing major franchises like Assassin’s Creed. The completion of the deal marks a milestone for Ubisoft, strengthening their financial position and supporting future investments.

Ubisoft has officially confirmed the completion of Tencent’s €1.16 billion investment in its new subsidiary, Vantage Studios. This strategic move grants Tencent a 26.32 percent economic interest in Vantage Studios, which now oversees popular Ubisoft franchises like Assassin’s Creed, Rainbow Six, and Far Cry.

The investment has given Vantage Studios a pre-money enterprise value of €3.8 billion. Ubisoft CEO Yves Guillemot expressed that this deal signifies a significant milestone for the company, bringing in proceeds that will strengthen their financial position and support future investments.

Under the leadership of co-CEOs Christophe Derennes and Charlie Guillemot, Vantage Studios aims to accelerate the growth of Ubisoft’s flagship franchises by embodying principles of autonomy, focus, and player centricity.

In related news, Ubisoft’s cost reduction initiatives have led to the departure of 1,500 employees over the past year, with plans to achieve at least €100 million in fixed cost savings by FY2026-27.

Disclaimer: This article has been auto-generated from a syndicated RSS feed and has not been edited by Vitrina staff. It is provided solely for informational purposes on a non-commercial basis.

Not a Vitrina Member? Apply Now!

Vitrina tracks global Film & TV projects, partners, and deals—used to find vendors, financiers, commissioners, licensors, and licensees

Vitrina tracks global Film & TV projects, partners, and deals—used to find vendors, financiers, commissioners, licensors, and licensees

Not a Vitrina Member? Apply Now!

Similar Articles