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 ...