Tencent and Guillemot Family’s Plans for Ubisoft

Chinese tech giant Tencent and the founding family of French video game company Ubisoft, Guillemot, are planning to form a new venture that will include some of Ubisoft’s assets. According to Bloomberg, the parties are evaluating the assets to be included in the venture and their valuations. This potential deal aims to give Tencent greater control over some of Ubisoft’s intellectual property rights and support its growth outside of China.

Is Ubisoft Tencent’s Global Strategy?

Tencent has long aimed to become a global player in the gaming industry. This venture could allow the company to gain a greater presence in the gaming market outside of China. Tencent is already a shareholder in Ubisoft and plans to deepen its partnership with this new venture. The deal aims to increase the value of Ubisoft’s assets and strengthen the company’s international influence.

With this initiative, the Guillemot family aims to protect Ubisoft’s independence and secure the company’s future. Ubisoft has been going through a difficult process in recent years due to increasing competition and cost pressures. For this reason, the collaboration between the Guillemot family and Tencent could be the beginning of a new era for Ubisoft.

The potential agreement is expected to further increase Tencent’s influence in the global gaming sector. The company aims to bring games for which it holds intellectual property rights to a wider audience. On the other hand, while such collaborations create new opportunities for the gaming sector, they also come with some criticism. Tencent’s increasing control may cause concern for independent studios in the sector.

Although the talks are still in the early stages, it is anticipated that this initiative will be an important step for both Tencent and Ubisoft. The details of the agreement are expected to be clarified in the coming months.

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