Chinese technology titan Tencent, which currently possesses Organization of Legends programmer Trouble Gamings, Supercell, and also Funcom, and also has risks in Impressive Gamings, Activision Snowstorm, and also Ubisoft, is acquiring Turtle Rock Studios, the programmer of Back 4 Blood and also Evolve
Tencent and also Turtle Rock introduced the procurement Friday, stating that the computer game programmer will certainly enter into Tencent “while retaining its independent operations […] and its existing team will continue to run all studio operations, led by co-founders Phil Robb and Chris Ashton.” Turtle Rock’s procurement by Tencent “will have no effect on Back 4 Blood,” the Left 4 Dead spiritual follow up that introduced in October.
Turtle Rock is simply the most recent in a rapidly expanding listing of video gaming financial investments that Tencent has actually made beyond China. Simply this year, Tencent has actually gotten or made bulk financial investments in:
- Do Not Deprive and also Griftlands programmer Klei Amusement;
- Specification Ops: The Line and also The Cycle programmer Yager;
- Sumo Team, residence to Sumo Digital, programmer of Sackboy: A Big Journey and also Hood: Hooligans and also Tales;
- Warhammer: Vermintide programmer Fatshark;
- Get Up Interactive, parent firm of Ninjala programmer Soleil and also Adversary’s Third programmer Valhalla Video game Studios.
Tencent has actually additionally spent smaller sized quantities in Dontnod Amusement, Bohemia Interactive, Treatment Amusement, Bloober Group, and also FromSoftware and also Spike Chunsoft moms and dad firm Kadokawa this year. According to expert Daniel Ahmad at Niko Partners, Tencent purchased greater than 100 video clip game-related business in 2021, with almost a 3rd of those offers being made with business beyond China. A record from Niko Allies claims that Tencent is encountering enhancing competitors from various other technology business, as well as additionally wishes to profit from success from smaller sized video game workshops.
Tencent’s development in international financial investments additionally assists alleviate one more trouble encountering the technology titan: enhanced examination and also policy from Chinese authorities. Regulatory authorities in Tencent’s residence nation have actually punished technology business in 2021, providing brand-new guidelines regarding just how much time minors can invest weekly playing on the internet video games, like Tencent’s very own mobile hit Honor of Kings
