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Tencent announced they want to acquire all shares in Norwegian game developer Funcom. The giant is now a shareholder in many leading gaming developers, such as Riot Games, Epic, Supercell, Ubisoft, Paradox and Frontier. The announcement is said to be greeted with enthusiasm from Funcom CEO Rui Casais.
“We have had a great relationship with Tencent as our largest shareholder so far and we are excited about this opportunity,” said Funcom CEO Rui Casais. “We will continue to develop great games that people all over the world will play, and we believe that the support of Tencent will take Funcom to the next level. Tencent will provide Funcom with operational leverage and insights from its vast knowledge as the leading company in the game space.”
Please note that Tencent doesn't have plans to change Funcom management, staff, or structure, leaving them as an independent business. Funcom will continue to support its long-running online games Conan Exiles, Secret World Legends, Age of Conan, and Anarchy Online.
“We are impressed by Funcom’s strengths as a developer of open-world multiplayer, action and survival games," Steven Ma, Senior Vice President of Tencent, said. "Funcom has a strong track-record in developing new titles with long life span. We are glad to deepen our relationship with Funcom and look forward to collaborating with Funcom to deliver more exciting and enjoyable game experiences to fans worldwide.”
You can get more details here.
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