Tencent Interested in Buying an Even Bigger Share of Ubisoft
Chinese company Tencent, one of the biggest video game giants on the planet, seems ready to expand its empire even further and now wants to acquire a bigger share of Ubisoft, a company in which it already owns 5%. Understand this whole issue below!
According to a Reuters report, Tencent “reached out to the Guillemot family and showed interest in increasing their stake in the firm.” Currently, Ubisoft is budgeted at around $5.3 billion, with the Guillemots owning 15% of it.
It is still unclear how much more the Chinese giant wants to buy from Ubi, but different Reuters sources claim that this is exactly the slice that belongs to the Guillemots, although none of the parties involved has confirmed this to the portal.
It’s worth remembering that the last few weeks have been quite hectic for Ubisoft, which postponed Avatar: Frontiers of Pandora to sometime between 2023 and 2024, in addition to canceling Splinter Cell VR and Ghost Recon Frontline. On the other hand, Skull and Bones showed signs of life and we even talked to their creative director in an exclusive interview!
But what about you, what do you think of this initiative by Tencent? Do you see your growth in participation with Ubisoft with good eyes, or do you prefer that this doesn’t happen? Tell us your opinion on Voxel’s social networks!