Ubisoft Entertainment SA’s founding Guillemot family are considering creating a new venture that would include certain Ubisoft assets as they seek to boost the French video-game company’s value, people familiar with the situation said.

According to Bloomberg, Tencent and Ubisoft's founder, the Guillemot family, are planning to move Ubisoft assets to a new venture as a way to boost the company's value.

Tencent and the Ubisoft founders the Guillemot family are reportedly mulling over building a new venture. According to people familiar with the situation, the new entity would include certain assets from the French gaming company in order to boost the its value.

Ubisoft’s broad portfolio of games, development studios, and intellectual properties presents a unique opportunity for both parties. Tencent’s experience in expanding Chinese game offerings internationally, coupled with its growing investments in global gaming companies, could prove beneficial for the venture’s growth and long-term success.

Tencent and Ubisoft’s founding Guillemot family are considering the creation of a new venture containing some Ubisoft assets, it’s claimed.

Tencent and the Guillemot family are reportedly exploring a new venture to boost Ubisoft's value and regain control over key assets.

Tencent Holdings and Ubisoft Entertainment’s founding Guillemot family are looking at creating a new venture that would include certain Ubisoft assets as they seek to boost the French videogame company’s value,

Ubisoft and Tencent are said to be "evaluating which assets to include" in a potential new venture. A new report may contain fresh clues about the apparent partnership between Ubisoft and Tencent, Ubisoft's fortunes continue to slide and the company looks for a way forward.

A new report from Bloomberg reveals that the Guillemot family and Tencent may currently be in talks to move select Ubisoft assets over to a brand-new venture (thanks, VGC ).