• Sumo Group

    Tencent May Acquire Sumo Group

    British company Sumo Group is currently set to be acquired by Chinese conglomerate Tencent in a deal worth a whopping 1.3 billion, a new report from Reuters says. The company has worked on some massive properties over the years, most recently working on Sackboy: A Big Adventure, Hood: Outlaws&...
  • Tencent

    Tencent’s Using Facial Recognition to Keep Young Gamers From Late Night Gaming

    Tencent‘s what has been dubbed “midnight-patrol” software to prevent young children from gaming late at night. Per the BBC,  Tencent has launched facial recognition software in a bid to stop minors from gaming between the hours of 10:00 PM and 8:00 AM. The report states that the new protocol...
  • Tencent Acquires Minority Stake in Dontnod

    After last week’s announcement that Tencent has purchased a majority stake in Klei Entertainment, Dontnod has revealed that the Chinese conglomerate has purchased a minority stake in their company. According to this press release, Tencent has offered the studio €30 million in capital to expand into more self-published games....
  • Klei Entertainment

    Tencent Acquires Majority Stake in Klei Entertainment

    Tencent has acquired a majority stake in the Vancouver-based game development studio, Klei Entertainment. The developer being games Don’t Starve, Mark of the Ninja, and Hot Lava confirmed the news on their forums. The Chinese-based megacorporation has a stake in other large companies like Epic Games and Riot Games,...
  • Tencent Purchases Rights to System Shock 3

    Chinese multinational conglomerate Tencent has made the move to purchase the rights to System Shock 3 from current developer OtherSide Entertainment. While the news sounds good, involvement from Tencent is usually paired with caution. In an almost too-brief message on the official website for OtherSide, the studio confirmed in...
  • Tencent Plans on Buying Funcom

    Tencent is one of the biggest Chinese gaming companies around, and over the years, they’ve expanded and put their fingers in everything. They own stake in companies like Ubisoft, Riot Games, Epic Games, and more. When you have unlimited amounts of money at your disposal, you are bound to make bold...