Tencent has closed a €1.16 billion investment deal with Ubisoft, taking a 26.32% stake in the company’s subsidiary, Vantage Studios. The subsidiary now manages Ubisoft’s biggest franchises, including Assassin’s Creed, Rainbow Six, and Far Cry.
Ubisoft valued Vantage at €3.8 billion before the investment. The studio follows a “Creative Houses” model, which gives franchises more independence and clear leadership.
According to Ubisoft, the deal will strengthen its finances, lower debt, and provide funds for future projects.
Ubisoft’s sales in the second quarter went up 39% to €490.9 million. Assassin’s Creed Mirage reached 10 million players after a free Valley of Memory update. The Division 2 also did well with its new Battle for Brooklyn content. Rainbow Six Siege faced tougher competition in the shooter market.
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Ubisoft is also cutting costs. About 1,500 employees left over the past year through layoffs and voluntary exits. The company is aiming for €100 million in savings by 2026–27.
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