The deal gives Yager the resources needed to expand the studio and the games in development.
A Chinese multinational technology conglomerate Tencent has taken a majority stake in German game developer Yager. The Berlin-based studio will continue to operate independently but will gain access to additional development resources. The studio is currently working on The Cycle, a free-to-play sci-fi shooter currently in early access. The title is slated to release in 2021.
Yager is best known as the developer of third-person shooter Spec Ops: The Line, published by 2K in 2012.
"Tencent's new investment shows a great deal of trust in us and confidence in the huge potential behind the creative pivot of 'The Cycle', our high-stakes PvPvE shooter," commented Timo Ullmann, Yager's Managing Director. "For us, the majority stake means we have the resources to expand the studio and the games in development. With Tencent, we now have a powerful, globally operating partner to support our strategic plans for Yager."