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 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.

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,