Chinese technology giant Tencent has made a €1.2bn ($1.25bn; £1bn) investment in a spin-off from Ubisoft, the maker of the Assassin's Creed video games.
Shenzhen-based Tencent will own about a quarter of the new business, with Ubisoft holding the rest of the new subsidiary, which is valued at around €4bn.
The unit will run some of the French firm's biggest franchises, including Assassin's Creed, Far Cry and Tom Clancy's Rainbow Six.
Tencent, which is one of the world's biggest video games developers, is also known for its internet-based services, including the hugely popular messaging app WeChat.