Write what you are looking for and press enter to begin your search!

Logo
live-news-icon

Live News

Giancarlo Esposito Joins The Marvel Cinematic Universe: In an intense match, the Lone Wolves came out victorious. Read all about the big night here // Star Wars Skeleton Crew Series Will Premiere This December: In an intense match, the Lone Wolves came out victorious. Read all about the big night here // Apex Legends Season 21:Upheaval FINALLY Welcomes Solos Back: In an intense match, the Lone Wolves came out victorious. Read all about the big night here
post-16 post-13

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. 

Related News

post-07
Harmonix Reveals A Promising Music-Mixing Game For 2020

Harmonix, the same folks who brought you the good parts of Guitar Hero, Rock Band, and the old-school Amplitude, have announced its latest music proje...

post-07
Veteran Studio Ghibli Artist Nizo Yamamoto Passes Away At 70

Japanese animation art director Nizo Yamamoto, renowned for his background art and illustrations for Studio Ghibli movies, passed away from stomach ca...

post-07
The Falcon And The Winter Soldier Episode 5 Breakdown & Easter Eggs Explained

In The Falcon And The Winter Soldier Episode 5, we finally saw what happened following that shocking ending from Episode 4. I’ll be discu...

Write a comment

Your email address will not be published. Required fields are marked *

Tournament Tool Kit

Kakuchopurei Community