Write what you are looking for and press enter to begin your search!

Logo
live-news-icon

Live News

Furiosa A Mad Max Saga Engine Stalls & Sputters To A Mediocre Opening Weekend: In an intense match, the Lone Wolves came out victorious. Read all about the big night here // TODAK Legion Triumphs in Inaugural MLBB Academy League MY Championship: In an intense match, the Lone Wolves came out victorious. Read all about the big night here // James Gunn Confirms The Green Lanterns Series Has Watchmen Showrunner Damon Lindelof On Board: In an intense match, the Lone Wolves came out victorious. Read all about the big night here
post-16 post-13

Tencent Acquires Warframe & Gears Tactics Developers

Tencent has acquired Leyou Technologies for a whopping US$1.5 billion deal. It was signed-off by Leyou shareholders on 11 December 2020 and finalised today.

Weirdly enough, Leyou Technologies was previously a chicken processing company. It only started to enter the world of videogames by acquiring a majority stake in Warframe developer Digital Extremes in 2014.

In 2016, Leyou then acquired Gears Tactics developer Splash Damage and a 20 percent stake in developer Certain Affinity, who recently worked on Call Of Duty Modern Warfare Remastered and Halo Infinite.

Last but not least, Leyou most recently formed Athlon Games, who are currently working with Amazon on The Lord of the Rings MMO.

Now that Tencent has purchased Leyou, the Chinese giant now owns all of the above. This adds to the company’s already impressive list of developers that they own, including Riot Games, Funcom, 50 percent of Epic Games, and stakes in major companies like Activision Blizzard, Ubisoft, Paradox Interactive and more.

In an official blog post, Splash Damage co-founder and CEO Richard Jolly said:

“We’ve always been dedicated to creating team-based games that spark friendships and build passionate communities, and we strive to work with partners who believe in that mission.

In our many discussions with Tencent, it became clear that they not only believe in that mission but will do everything they can to enable and empower us to realise it.

This is going to be a bold new phase for our studio, with an amazing line-up of ambitious games that deliver on what Splash Damage is all about.

We couldn’t be more excited.”

Meanwhile, Warframe developer Digital Extremes also reassures their independence in a blog post:

“Yes, we will continue to create great content for Warframe and we will remain creatively independent.

Our focus will remain on listening to you, our community, upgrading Warframe based on your feedback, and developing the kind of great stories, gameplay, and incredible new space ninja action you’ve come to expect from us.

Tencent is well known for respecting the creative decisions and integrity of its studios, and for giving them the autonomy and independence to experiment, innovate and thrive.”

It looks like Tencent is becoming the Disney of the games industry fast.

Related News

post-07
The Witcher Monster Slayer AR Mobile Game Is Coming Later This Month

Are you ready for a Pokemon Go-like experience set in the world of The Witcher? The Witcher Monster Slayer is a free-to-play AR (augmented reality)...

post-07
Ghost Of Tsushima On PC Steam Is Not Available To Buy In 177 Countries

It's the Helldivers 2 PlayStation Network restriction issue all over again, but with a single-player game of all things. Despite Sony reversing its...

post-07
Fate/Samurai Remnant Record's Fragment Sword Chronicles DLC Launches Next Month

Koei Tecmo and Omega Force have announced that Fate/Samurai Remnant Record’s Fragment Sword Chronicles DLC will launch on 18 April 2024. https://...

Write a comment

Your email address will not be published. Required fields are marked *

Tournament Tool Kit

Kakuchopurei Community

Popular Posts

post-17
Street Fighter 6: How To Find Akuma In World Tour Mode
post-17
Senua’s Saga: Hellblade 2 Review: An Odyssey Like Any Other?
post-17
Diablo 4 Season 4: The Best Builds Per Class To Get To Level 100 Fast!
post-17
Diablo 4 Season 4: Tempering & Masterworks Guide
post-17
V Rising Everything You Need To Know About Stygian Shards
post-17
Summer Of Gaming 2024 Schedule: Video Game Live Streams & Showcases
post-17
Vampire Survivors: Operation Guns Contra DLC – All New Evolutions & Unlocks
post-17
Vampire Survivors: The Best Builds For Each Stage
post-17
Hades 2 Guide: All Incantations And Effects At Hecate’s Cauldron
post-17
Hades 2: All Boons List & The Best Ones
post-17
Eiyuden Chronicle: Hundred Heroes – 11 Tips To Get Ahead In This JRPG
post-17
Eiyuden Chronicle: Hundred Heroes Review – Rally Forth
post-17
Final Fantasy VII Rebirth Queen’s Blood Guide: The Best Cards & Decks
post-17
Introducing The Kakuchopurei YouTube Membership Program!
post-17
Palworld: All The Guides You Need For 2024’s Surprise Survival Game Hit
post-17
Prince Of Persia: The Lost Crown Walkthrough & Guide
post-17
Delicious In Dungeon Starts The New Year Tastefully
post-17
The Games Of 2024: Our Picks & Highlights
post-17
Main Game: How To Watch Malaysia’s Best Video Game Show Created By Kakuchopurei & RTM
post-17
Marvel’s What If…? Crew Explains Why They Went 3D Over 2D & A Scrapped Episode That Was Too Close To GOTG 3
post-17
Hawkeye Episode 6 Finale Easter Eggs & Breakdown
post-17
We Talk To Hayden Christensen About Star Wars, Sequels, & Prequels
post-17
Sea Of Stars Might Get DLC Post-Launch
post-17
The Book Of Boba Fett Episode 7 Breakdown & Easter Eggs Explained