The Chinese tech giant Tencent just upped their minority stake in Ubisoft. This move comes about a week after competing Chinese tech giant NetEase announced their acquisition of the other France-based development studio, Quantic Dream.
The deal, valued at €300 million, saw Tencent acquiring a minority 49.9% passive stake in Guillemot Brothers Limited, the parent company behind Ubisoft. The deal is valued at €300 million...