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Tencent gains a majority stake in Spec Ops: The Line developer Yager

Tencent gains a majority stake in Spec Ops: The Line developer Yager

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Tencent, one of many largest tech conglomerates on the earth, has not too long ago invested in an enormous variety of gaming studios. The corporate has made a whopping 300 investments, a lot of which involving main gamers within the business. And it absolutely owns Riot Video games, developer of the immensely in style League of Legends. Only recently, Tencent expanded its portfolio but once more. It acquired a majority stake in Yager, the German studio behind the subversive shooter Spec Ops: The Line. This acquisition got here quickly after Tencent made a smaller, undisclosed funding in Yager again in February.

In keeping with Yager CEO Timo Ulmann, the preliminary February funding “tremendously improve[d] the scope of our enterprise, not simply by having access to Tencent’s community and assets however by tapping the huge business know-how Tencent possesses.” Ulmann states this funding served as a take a look at of the businesses’ relationship, and now that Tencent invested additional within the firm, he believes this signifies the conglomerate’s sturdy belief within the studio. Yager will direct Tencent’s assets towards the event of their upcoming free-to-play recreation The Cycle together with different unannounced initiatives.

 

Potential issues

Regardless of Tencent’s acquisition of the Spec Ops: The Line developer, Yager plans to stay unbiased, and no firm restructuring or different modifications are being deliberate. Ulmann additionally famous that this association will strengthen Yager workers’ job safety, a particular boon for a studio that solely made 4 recognized video games as of now.

Regardless of these advantages, this improvement additional cements the development of ever-growing company consolidation inside the gaming business, which many understandably discover regarding. And though the studio could stay unbiased for now, the present association could or could not change significantly as the connection between Tencent and Yager develops. The most effective that one can hope for is that Yager will stay free to develop the video games they wish to make for the foreseeable future.

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