China’s Tencent wants to buy Ubisoft after falling shares, sales and delayed game releases
11.10.24
Tencent and the Guillaume family are considering a buyout of Ubisoft after the French game developer’s market value has fallen significantly. The move could be a strategic move to stabilize the company, whose shares have fallen about 40% this year, reducing its market capitalization to $2 billion. Tencent already owns 9.2% of Ubisoft’s net voting rights, while the Guillaume family controls about 20, 5%
Some minority shareholders, including AJ Investments, are calling for Ubisoft to be sold to a strategic investor or taken private amid falling share prices. Amid these developments, Ubisoft shares rose 33% on Friday, although they hit their lowest level in more than a decade last month due to a delay in the release of Assassin’s Creed Shadows and weak sales.
According to the contract between Tencent and the Guillaume family, the Chinese company is limited to a 10% stake with no operational veto and cannot sell its shares for five years.
Don't miss interesting news
Subscribe to our channels and read announcements of high-tech news, tes
Oppo A6 Pro smartphone review: ambitious
0 
Creating new mid-range smartphones is no easy task. Manufacturers have to balance performance, camera capabilities, displays, and the overall cost impact of each component. How the new Oppo A6 Pro balances these factors is discussed in our review.
Home autonomous power sources: inverters, batteries, solar panels
0 
Let’s try to figure out how to choose the right inverter depending on the load power, sine wave type, and battery system configuration.
Google warns of hacking by hackers from Russia and China using WinRAR Google hacker Security
Google has warned that the known critical vulnerability CVE-2025-8088 in the popular WinRAR archiver for Windows is still actively used by hackers
Razer will allow to configure devices via a browser browser Razer
Razer has introduced a web version of its Synapse tool, which allows you to configure peripherals directly in the browser without installing a separate program.