M&A and Investment

All news and articles about the financial side of the games industry. Private funding, public placements, VC investments, and M&A deals.

Recently, the portal Insider Gaming found out that about 50 specialists from the Assassin's Creed Hexe team were removed from the game's development. They were reportedly given three months to find positions in other Ubisoft teams, or else they would be laid off. Company representatives commented on this matter in a statement to IGN
According to a report by the Financial Times, the Trump administration is currently deliberating on whether to permit Tencent, the Chinese giant, to retain its ownership stakes in gaming companies. This issue has reportedly been a topic of discussion among top officials in recent weeks. A meeting scheduled for Tuesday, which was intended for cabinet officials to address the issue, has been delayed due to scheduling conflicts. These considerations are taking place in anticipation of Donald Trump's upcoming visit to China later this month