育碧将与腾讯合作成立子公司

PARIS – March 27, 2025 – Today, Ubisoft announced that it is accelerating its transformation by taking an important step in rapidly evolving its operating model with the creation of a dedicated subsidiary based on its Assassin’s Creed®, Far Cry®, and Tom Clancy’s Rainbow Six® brands. Following the formal and competitive selection process initiated by the Group earlier this year, Tencent will invest 1.16bn for a minority stake in the new subsidiary. This new subsidiary will focus on building game ecosystems designed to become truly evergreen and multi-platform. Backed by greater investment and boosted creative capacities, it will drive further increases in quality of narrative solo experiences, expand multiplayer offerings with increased frequency of content release, introduce free-to-play touchpoints, and integrate more social features.

育碧今日宣布，公司将以《刺客信条®》、《孤岛惊魂®》和《彩虹六号®》等品牌为基础，成立一家专门的子公司，迈出了快速发展运营模式的重要一步，从而加速公司转型。根据集团今年早些时候启动的正式竞争性选拔程序，腾讯将投资11.6亿欧元收购新子公司的少数股权。新子公司将专注于构建游戏生态系统，旨在成为真正的常青和多平台游戏。在更多投资和增强的创意能力的支持下，它将进一步提高叙事单人体验的质量，通过增加内容发布频率来扩展多人游戏产品，引入免费游戏触点，并整合更多社交功能。

This transaction values the entity at a pre-money Enterprise Value of c.4bn, implying a FY23-FY25E average sales multiple of around 4x. It highlights the strong value of Ubisoft’s IPs, significantly reinforces its balance sheet, and enables the company to continue its efforts to become a more agile organization, unleash the full creative potential of its teams and better align its resources with the constantly evolving expectations of players.

此次交易对该实体的估值为约40亿欧元的投前企业价值，这意味着2023财年到2025财年的平均销售额的4倍。这凸显了Ubisoft知识产权的强大价值，大大增强了其资产负债表，并使该公司能够继续努力成为一个更敏捷的组织，充分发挥其团队的创造潜力，并更好地将其资源与玩家不断变化的期望相结合。