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The ink has dried up with Tencent’s acquisition of Leyou Technologies, meaning the Chinese video game and tech giant now owns Splash Damage, Digital Extremes, and a handful of other developers acquired by Leyou over the years. years.
Earlier in the year, it emerged that Tencent was looking to acquire Leyou. The deal, a $ 1.5 billion acquisition, was officially confirmed by Tencent shareholders today and studios involved in the deal like Splash Damage have weighed in on their own sites.
“We have always been dedicated to creating team games that generate friendships and build passionate communities, and we strive to work with partners who believe in that mission,” reads a statement from Splash Damage CEO Richard Jolly.
“In our many conversations with Tencent, it became clear that they not only believe in that mission, but that they will do everything possible to enable us and empower us to carry it out. This will be a bold new phase for our studio, with an incredible line of ambitious games that deliver on what Splash Damage is all about. We couldn’t be more excited. “
On the side of digital ends, the Warframe The developer says in its own statement that the deal will not affect game development and that it hopes to maintain creative independence under Tencent as it did under Leyou.
This agreement expands Tencent’s massive reach in the gaming industry. In addition to these new acquisitions, Tencent owns studios such as Riot Games, Funcom, and Shark Mob in addition to investments in Supercell, Epic Games, Frontier Developments, Activision Blizzard, Ubisoft, and many more.
