Tencent seeks to bring Ubisoft games to mobile, strengthens investment

What you need to know

  • Tencent has acquired a 49.9% economic stake in Guillemot Brothers Limited at €300 million (297.4 million USD).
  • Guillemot Brothers Limited is a holding company with the largest stake at Ubisoft, founded by the Guillemot family. 
  • As part of the deal, Tencent will be allowed to increase its stake in Ubisoft to 9.99%.
  • In a press release, Tencent revealed that it hopes to bring more of Ubisoft’s AAA franchises to mobile. 

Chinese conglomerate Tencent has increased its stake in Ubisoft, entering a concert with the Guillemot’s holding company. 

In a press release spotted by Axios’ Stephen Totilo, Tencent announced that it had acquired a 49.9% economic stake in Guillemot Brothers Limited at €300 million (297.4 million USD). Guillemot Brothers Limited, which holds the largest stake within Ubisoft, remains exclusively controlled by the Guillemot family. 





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