Crypto-friendly gaming giant Tencent considering Ubisoft buyout: Report
The Guillemot family and Tencent would likely take the company private if the deal happens.
Chinese technology and gaming giant Tencent and the Guillemot family are reportedly in talks to purchase French games publisher and developer Ubisoft in a deal that would take the company private.
The report comes via Bloomberg citing “people familiar with the matter,” but follows months of speculation over Ubisoft’s future after the company was forced to lower its revenue expectations for its upcoming flagship gaming title, “Assassin’s Creed: Shadows.”
Ubisoft is a publicly traded company whose primary shareholders are its founders, members of the Guillemot family, and Tencent.
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Author: Tristan Greene
