Vantage Studios will be a collaborative effort between Tencent and Ubisoft that directly manages the Far Cry, Assassin’s Creed, and Rainbow Six franchises.
Ubisoft has begun trading again this week and released a wealth of delayed information regarding its latest financial results. The company startled many with a sudden delay of earnings reports and the halt of trade on its stock, but today, following the resolution of those issues, it also announced that a previously teased deal to start a subsidiary studio with Tencent is set to close very soon. This deal will see Vantage Studios formed to manage the Far Cry, Assassin’s Creed, and Tom Clancy’s Rainbow Six Siege IPs in a joint venture between Ubisoft and Tencent staff.
Ubisoft announced the latest details on its collaboration with Tencent and the formation of Vantage Studios in its H1 2025-26 earnings results this week. While many eyes were on the reasoning behind the trade halt and earnings delay last week, the details of the Tencent deal were also included.
Reason for Ubisoft stock trading halt and earnings release delay was due to a restatement of FY 2024-25 results, and the company says the €1.16 billion deal with Tencent to form the new Vantage Studios subsidiary will close imminently. #Ubisoft #Tencent #Gaming $UBSFY $TCEHY pic.twitter.com/T26pJq25Ff
— Shacknews (@shacknews) November 21, 2025
According to Ubisoft CEO and Co-Founder Yves Guillemot, the deal is almost certain to close and go into effect very soon:
Ubisoft teased this subsidiary earlier this year. The company has had a bumpy year, making some good decisions on games like Assassin’s Creed Shadows, but making unfortunate decisions elsewhere. With the deal on the new subsidiary, Vantage Studios, set to close, it will be interesting to see if Ubisoft can hoist itself out a slump and find success in 2026. As we watch for updates, stay tuned to the Ubisoft topic.
