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Tencent Now Has Ubisoft Under Its Giant Gaming Wing

Ubisoft -of FarCry, Rayman, Assassin’s Creed, and Beyond Good & Evil fame- has recently ended its financial battle with media company Vivendi. Vivendi’s Ubisoft shares have been bought up by, surprise surprise, giant Chinese gaming publisher Tencent.

According to a Forbes report, the Chinese conglomerate bought out most of the 27.3 percent stake in Ubisoft that Vivendi previously owned. Other buyers include Ubisoft themselves and the Ontario Teachers’ Pension Plan. Vivendi pledged not to buy any Ubisoft stock in the next 5 years.

That’s good news for Ubisoft, since they have been staving off Vivendi from taking them over. Vivendi’s attempt was what made Ubisoft co-founder Michel Guillemot resign from Ubisoft’s affiliated mobile game publisher Gameloft in 2016.

But is it for the better, since this is Tencent we’re talking about? The company claimed that the deal is minor; the five-percent stake in Ubisoft will “likely” not disrupt decisions on a board-of-directors basis. However, there isn’t any extra information about Tencent’s future as an investor and controller deal-wise. Let’s also not forget that Tencent owns part of Riot Games, Activision Blizzard, Epic Games, and a few others.

 

 

What say you, fellow Kakuchopurei-ers? Is Ubisoft in a safe place? Will we see a Chinese-themed Assassin’s Creed game that’s not a 2D platformer soon enough? Voice out your opinions on Facebook. 

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