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Renz O. Soliman

Potential Ubisoft Sale to Tencent Could Lead to 'New Venture' as Part of Major Change

Ubisoft is reportedly considering heading into a new venture under a buyout from Tencent. (Credit: Ubisoft, FASSBENDER, AFP, Getty Images)

The potential sale of video game developer Ubisoft to Chinese giant Tencent could lead to a "new venture" as part of the major change.

The Guillemot family is said to be considering creating a new venture that would include specific assets of the company. The rumors come as they seek to boost the studio's value amid a series of commercial flops in the industry.

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