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Ubisoft launches new business for Assassin's Creed and other big series, with €1.16bn Tencent investment

Ubisoft has launched a new subsidiary dedicated to its big three IPs - Assassin's Creed, Rainbow Six, and Far Cry - in …

This, it wrote, "highlights the strong value of [its] IPs, significantly reinforces its balance sheet, and enables the company to continue its efforts to become a more agile organisation, unleash the full creative potential of its teams and better align its resources with the constantly evolving expectations of players." Watch on YouTube It also confirmed the business unit will be the new home of all Assassin's Creed, Rainbow Six, and Far cry development teams based in Montréal, Quebec, Sherbrooke, Saguenay, Barcelona, and Sofia. Away from the new subsidiary and its three big name brands, Ubisoft says it'll concentrate on "nurturing the development of iconic franchises including Tom Clancy's Ghost Recon and The Division, accelerating the growth of top performing titles and leveraging disruptive technologies on selected new IPs, while continuing to deliver state-of-the-art production game engines and online services."

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