There is a lot of speculation in the corporate future of Ubisoft and one of them has to do with Ives Guillemot and how he and his brothers practically are the only ones that want to maintain things as they are on Ubisoft and all noises of takeover in every corner.

One big rumor particularly, has Tencent Games, the infamous Chinese conglomerate gaming giant as a potential buyer.

Well, today's news confirms one half of the story as indeed, Tencent Games has put some cash on one of Ubisoft's company but NOT for a take over, but to rise his stake on the company up to 49.9% stake with 5% voting rights in Guillemot Brothers Limited and Tencent can raise their stake 9.99% more if they pay for it in the future, Ubisoft said in a statement.

Apparently it is the interest of Tencent Games that the Guillemot brothers still runs the company at it is and as a proof of confidence, the agreement includes a clause that Tencent Games will not sell any share before a minimum 5 years prior the effectiveness of the purchase and the Guillemot Family are the first in line for offerings if they wish to buy their parts.

So there you have it, Ubisoft remains public and independent for the time being and despite some saying that "it was for the better that Ubisoft got sold", the news apparently was well received on Wall Street as Ubisoft shares soared after the rumor became fact.

Via Reuters

UPDATE

The title was corrected as itwas implying that Tencent Games invested directly on Ubisoft and in the best scneario was indirectly as the Guillemot Brothers is an Ubisoft's subsidiary.