Ubisoft has revealed plans to establish a separate company division for their prized franchises, including Assassin’s Creed, Far Cry, and Rainbow Six.
In simpler terms, they are setting up a new business unit specifically dedicated to managing these key game series.
A fresh firm, estimated to be worth approximately 4 billion euros, is set to get a 1.16 billion euro cash infusion from the massive Chinese corporation Tencent. This investment will grant them a 25% ownership share within the company.
The troubled French company enthusiastically endorsed the decision, asserting that it would lead to enhanced storytelling experiences, boost multiplayer options through regular content updates, offer free-to-play options, and incorporate additional social elements.
However, it’s uncertain how this will impact the rest of Ubisoft, especially its numerous employees, as the details are yet to be clarified.
Notable brands such as The Crew, Just Dance, and Splinter Cell will remain under the main company, leaving some uncertainty regarding their future trajectories. However, the company assures they will still develop The Division and Ghost Recon titles.
However, the squads responsible for Assassin’s Creed, Far Cry, and Rainbow Six, including those based in Montreal, Quebec, Sherbrooke, Saguenay, Barcelona, and Sofia, will be transferred to a new affiliate company. The rest of the teams will continue where they are currently located.
Today, as announced by our CEO Yves Guillemot, Ubisoft embarks on a fresh phase of its journey. By speeding up the company’s transition, this move lays a crucial foundation for altering Ubisoft’s business model. This transformation will equip us with the agility and ambition needed to adapt swiftly and pursue significant goals.
Our main goal is to establish robust gaming environments that not only endure but also thrive, nurturing successful brand identities and generating innovative intellectual properties utilizing advanced and upcoming technology.
By establishing a separate entity to primarily focus on the advancement of our three major brands, and by welcoming Tencent as a partial owner, we are solidifying the worth of our assets, enhancing our financial stability, and setting an ideal platform for these brands’ sustained expansion and achievement in the long run.
Their self-governing and committed leadership group plans to reimagine these three brands as distinct and interconnected systems.
It seems uncertain as to what the future holds for Ubisoft’s various properties, but the signs certainly point towards potential changes ahead.
If you’re new to this development, the French company has experienced a series of underperformers and significant decreases in stock prices, leading them to implement substantial restructuring within their corporate setup.
Despite the optimistic tone of the publisher’s statement, it appears they are taking steps to bolster their most valuable resources. We can only speculate about the potential implications for the rest of the company and its video games, so we’ll have to wait and find out.
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2025-03-27 21:36