Tencent has invested $1.25 billion in a new Ubisoft operating division that includes the core games Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six brands. Ubisoft, the French video game giant that has struggled to launch hits until its most-recent launch of Assassin’s Creed: Shadows,

Ubisoft’s Assassin's Creed, Rainbow Six, and Far Cry franchises are now part of a separate company, jointly owned by Tencent.

Chinese tech titan Tencent is set to invest $1.25 billion in French video game maker Ubisoft, in exchange for a 25% stake in a new subsidiary of the "Assassin's Creed" publisher.

Ubisoft announced Tencent has invested €1.16 billion ($1.25 billion) for a minority stake in a newly created subsidiary that will spearhead the development of its three biggest franchises going forward: Assassin’s Creed, Far Cry, and Rainbow Six.

Ubisoft has announced the formation of a new subsidiary with tencent that will consolidate its major game franchises, including Assassin's