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Ubisoft Launches New Gaming Unit for Assassins Creed, Tencent Invests $1.25 Billion
Ubisoft has announced the formation of a new gaming subsidiary focused on the Assassins Creed franchise and other projects. This strategic move aims to enhance the development and management of these iconic titles. As part of this initiative, Chinese tech giant Tencent is set to acquire a substantial $1.25 billion stake in Ubisoft, further solidifying its influence in the gaming industry. This partnership not only enables Ubisoft to expand its creative capabilities but also integrates Tencent's extensive resources and distribution channels, paving the way for innovative gaming experiences. The collaboration marks a significant development for both companies as they navigate the ever-evolving gaming landscape.
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