The acquisition of 5% of the shares of many Tencent Ubisoft game masterpiece in China operation

On March 21st news, according to foreign media reports, the famous game maker Ubisoft (Ubisoft) reached an agreement with Vivendi officially, Vivendi will sell its holdings of 27.3% shares of Ubisoft and promised in the next five years, will no longer buy any Ubisoft shares. As a follow-up, the Tencent will purchase 5% Ubisoft to price of 66 euros per share.

In addition, the Tencent and Ubisoft has also reached an agreement of strategic cooperation. According to the agreement, the Tencent will Chinese market operation, distribution and promotion of Ubisoft several of the most successful PC games and Mobile Games.

For this cooperation, Ubisoft co-founder and CEO Guillermo Te (Yves Yves · Guillemot) said: “ Tencent manages Chinese largest online gaming community, has the world's largest and most active social network. This cooperation will greatly help us introduce the game to the Chinese market and interact with the players.
“ we are honored to be working with Ubisoft to open a new chapter, will provide many innovative and well-known Ubisoft games to consumers Chinese. ” Liu Chiping, President of Tencent, said “ this cooperation also demonstrates our commitment to provide users with reliable, interesting and professional interactive entertainment experience. ”