Tencent picked up a lot of game properties this month when it acquired Leyou Technologies, a Hong Kong-based game company, for $1.5 billion. Among the jewels are Warframe maker Digital Extremes as well as Splash Damage, King Maker, and Radiance.
The deal is one more sign of the acquisition frenzy around games during the pandemic, which has helped boost gaming because people can play with friends in a social-distanced way and distract themselves from reality.
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