Ubisoft studio may be purchased by chinese company Tencent

Journalists have confirmed recent rumors regarding the possible fate of Ubisoft. It is reported that the Chinese company Tencent and Guillemot Brothers Ltd. may buy out the studio by privatizing it.

According to Bloomberg, the founders of Ubisoft, represented by the Guillemot brothers and Tencent, have already held talks in search of a solution to stabilize the situation and increase the value of the studio. In particular, they may jointly acquire Ubisoft, making it a private company. By the way, Guillemot Brothers Ltd. already owns 20% of the studio's shares, while Tencent holds about 10%. The latter bought out 50% of the Guillemot brothers' company's securities several years ago.

Ubisoft's shares have already responded to the news — their value jumped by 30%, which is why trading had to be suspended. However, the growth is quite insignificant against the backdrop of the large-scale collapse of recent years.

The deal itself between Guillemot Brothers Ltd. and Tencent is still far from complete, Bloomberg continues. For now, both companies are exploring alternative ways to save Ubisoft. Their representatives declined to comment on the possible purchase of the studio.

Earlier, we recall, the studio postponed the release of Assassin's Creed: Shadows to 2025. According to insiders, the developers have long asked the management to postpone the release of the game due to bugs and historical inaccuracies.