Guillemot Family And Tencent May Move Select Ubisoft Assets To New Venture

Is Ubisoft in the endgame..?

A new report from Bloomberg reveals that the Guillemot family and Tencent may currently be in talks to move select Ubisoft assets over to a brand-new venture (thanks, VGC).

Following a lengthy period in which Ubisoft has struggled in the midst of a rapidly declining share price, the move is supposedly said to serve two purposes: to boost the company's value and to provide Tencent with more control over Ubisoft's IP, thus increasing its gaming presence outside of China.

Read the full article on nintendolife.com