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No way in HELL! For various reasons. But mainly:

Assassins Creed likes to incorporate real history in their games (Cesar Borgia, George Washington etc). Zelda is fantasy.

What makes a Zelda game great is not the same thing that makes an AC game great and:

Nintendo is known for their utmost quality in delivering a complete game, something that Ubisoft has been notoriously NOT doing recently. There might have a disagreement in how important this is...