Ubisoft’s $4 billion carveout sells Tencent a 25 percent stake in some of its biggest games

Tencent will invest $1.3 billion in a new entity controlling Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow Six.

Tencent will invest $1.3 billion in a new entity controlling Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow Six.

Emma Roth is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO.

Ubisoft is spinning off Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow Six into a subsidiary backed by Tencent, according to an announcement on Thursday. The Chinese gaming giant will invest €1.16 billion (~$1.3 billion) for a 25 percent stake in the carveout, which will have

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