Tencent Holdings has added one other group of recreation builders and publishers by a $1.5B USD acquisition of Leyou Applied sciences. Leyou shareholders signed off on the deal on Dec. 11, and the deal was formally finalized on Wednesday.
Leyou’s holdings embody U.Ok.-based Splash Injury, which has labored on numerous multiplayer first-person shooter video games for Activision Blizzard and others through the years; Canadian studio Digital Extremes, developer of the favored on-line motion recreation Warframe, a minority stake in Sure Affinity, who’ve labored on the Name of Obligation and Halo franchises, and Athlon Video games, who’s working with Amazon on a Lord of the Rings MMO.
Leyou’s studios be a part of Tencent’s rising record of online game holdings together with League of Legends and Valorant developer Riot Video games, Brawl Stars and Conflict Royale developer Supercell, and MMO developer Funcom. The corporate additionally holds a major minority stake in Fortnite maker Epic Video games, and minority stakes in Activision Blizzard, Ubisoft, Krafton, and plenty of different online game firms.