Tencent and Guillemot Family May Be Buying Out Ubisoft
There are rumors that Tencent and the Guillemot family could soon take over Ubisoft, a publishing company that’s been struggling financially recently. The Guillemots started Ubisoft in the late 1980s; it was originally called “Ubi Soft.” At first, they mainly produced PC games and licensed titles for handheld systems, but everything changed in 1995 when their game Rayman on PlayStation became a huge hit. Since then, Ubisoft has grown into one of the largest publishers in the gaming industry, thanks to popular franchises like Splinter Cell, Assassin’s Creed, and Prince of Persia.