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PC Gamer
PC Gamer
Andy Chalk

Ubisoft and Tencent are forming a new company that will take control of its most successful franchises: Assassin's Creed, Far Cry, and Rainbow Six

SUQIAN, CHINA - OCTOBER 6, 2024 - Illustration Tencent's plan to buy Ubisoft, Suqian, Jiangsu province, China, October 6, 2024. (Photo credit should read CFOTO/Future Publishing via Getty Images).

Ubisoft and Tencent have announced a new "dedicated subsidiary" that will "will focus on building game ecosystems designed to become truly evergreen and multi-platform" in the Assassin's Creed, Far Cry, and Rainbow Six brands.

"As we accelerate the company’s transformation, this is a foundational step in changing Ubisoft’s operating model that will enable us to be both agile and ambitious," Ubisoft CEO Yves Guillemot said in a statement. "We are focused on building strong game ecosystems designed to become evergreen, growing high-performing brands and creating new IPs powered by cutting-edge and emerging technologies.

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