Back in March Ubisoft announced He will create a subsidiary supported by Tencent, focused on its largest franchise: Assassin's Creed, Far Cry and Rainbow Six. Today, on the first day of work, the name of this subsidiary was revealed: Vantage Studios.
Gamesindustry.biz He understands that the unit was originally under the code name Nova, and the name Vantage Studios was chosen through the vote of employees.
Vantage Studios will include Ubisoft offices in Montreal, Quebec, Sherbruck, Sagun, Barcelona and Sofia, in which the group is 2300 employees.
The new unit reflects ubisoft Previously declared intention In order to reorganize in the “creative houses”, moving to a less centered operating model. The idea is that these creative houses have more control over their business plans and a creative direction.
As the first such creative house, Vantage Studios will be able to set a direction for Assassin's Creed, Far Cry and Rainbow Six, although it will remain part of the common Ubisoft group.
Tencent has 25% of Vantage Studios shares – part 1.16 billion euros ($ 1.25 billion) Cash injection From the Chinese company. After the completion of the transaction with Tencent, Gamesindustry.biz He understands that Ubisoft will be returned to almost zero duty.
Tencent will act in the advisory potential for Vantage Studios, but the final decision on all decisions of the subsidiary will rely on its co-director, Christophe Deneres and Charlie HyllemotField
