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Tencent’s millionaire investment in Ubisoft

Tencent, the Chinese technology giant, has invested €300 million in Ubisoft, the historic French video game company. This investment has been made through Guillemot Brothers Limitedwhich belongs to Yves Guillemot, the owner of Ubisoft. The Chinese company thus retains 49.9% of the shares of the Guillemot family group, thus providing a significant injection of capital, but without having a direct impact on the company’s board of directors.

Tencent’s stake in Ubisoft rises from 4.5% to 9.9%, the maximum percentage that the Chinese company can acquire from the French company. The power of Tencent continues to grow, and with this it continues to expand its dimension in the industry, highlighting the development of mobile games from popular franchises of Ubisoftas well as the launch in China of titles from the French brand.

Tencent and its power in the video game industry

The Chinese giant Tencent, a company that has presence and power in a large number of companies. Among his largest investments, names such as Riot Games, Supercell, Epic Games, FromSoftware or Funcom among many others. Now, his role in Ubisoft it goes beyond what he already had, and that is that his first investment in the French company was in March 2018

A highlight moment for Ubisoftand it is that shortly after the announcement of Tencent great novelties were announced in different titles, especially highlighting what is to come to the saga Assassin’s Creed.

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