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Ubisoft Appoints Co-CEOs to Lead Tencent-Backed Franchise Spin-Off

Under a new autonomous unit partly funded by Tencent, co-CEOs Charlie Guillemot alongside industry veteran Christophe Derennes will shape the future of Assassin’s Creed, Far Cry and Rainbow Six.

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Overview

  • The autonomous subsidiary will oversee Assassin’s Creed, Far Cry and Rainbow Six independently from Ubisoft’s main corporate structure.
  • The spin-off is valued at €4 billion, underpinned by Tencent’s €1.16 billion minority investment while Ubisoft retains full control and consolidation.
  • Charlie Guillemot brings experience from leading the mobile studio Owlient and co-founding Web3 firm Unagi after rejoining Ubisoft earlier this year.
  • Christophe Derennes contributes over 35 years at the company, including roles as head of Ubisoft Montréal and managing director for North America.
  • Ubisoft says the co-CEOs will define strategy and vision for the franchises and establish operational conditions to maximize their performance across platforms.