In a surprise move, Ubisoft is spinning off some of its top franchises, including “Assassin’s Creed,” “Far Cry” and “Rainbow Six” into a new subsidiary. The separate entity is funded by a $1.25 billion investment (a 1.

There’s been a lot of chatter about the state of Ubisoft and the company’s future, and Tencent’s name has been floated as a potential suitor should the Assassin’s Creed developer ever become available for sale. Now, the two companies are partnering to form a new Ubisoft subsidiary, with Tencent investing €1.16 billion.

The new subsidiary, valued at about 4 billion euros, will bring together the Assassin's Creed, Far Cry and Tom Clancy's Rainbow Six brands, the group said in a statement. The move is expected to be completed before the end of 2025,