Tencent to invest €1.16bn in Ubisoft’s Vantage Studios
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Paris, Ubisoft officially confirmed Tuesday that a strategic transaction with Tencent will close imminently, with Tencent providing €1.16 billion to acquire a 25% stake in new subsidiary Vantage Studios. The firm reported H1 results ahead of expectations after a brief reporting delay and trading halt tied to a revenue restatement. Vantage will house Assassin's Creed, Far Cry and Rainbow Six under co-CEOs Charles Guillemot and Christophe Derennes, and Tencent’s investment will strengthen balance sheets and reduce financial leverage. Ubisoft reported a headcount of 17,097 and said all conditions precedent have been satisfied. Based on 5 articles reviewed and supporting research.
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Timeline
- 1. July 2025: Ubisoft announced Vantage leadership would include family members Charles Guillemot and Christophe Derennes.
- 2. 1 October 2025: Ubisoft formally announced Vantage Studios to oversee its three flagship IPs.
- 3. Mid-November 2025: Ubisoft delayed earnings and trading was halted while revenues were restated.
- 4. Late-November 2025: Ubisoft released H1 FY2025-26 results ahead of expectations and confirmed Tencent’s investment.
- 5. Post-release: Ubisoft reported all conditions precedent satisfied and said the transaction was on track to close.
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