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Assassin's Creed-maker Ubisoft gets $1.25bn investment from Chinese tech giant Tencent

Source: BBC

Chinese technology giant Tencent has made a €1.2bn ($1.25bn) investment in a spin-off from Ubisoft, the maker of the Assassin's Creed video games.Shenzhen-based Tencent will own about a quarter of the new business, with Ubisoft holding the rest of the new subsidiary, which is valued at around €4bn.The unit will run some of the French firm's biggest franchises, including Assassin's Creed, Far Cry and Tom Clancy's…

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