Offworld Industries, the developer behind Squad, Beyond the Wire, and Post Scriptum, today announced it’d received an investment from Tencent. The Chinese company will acquire a minority stake in Offworld. Gram Xu, Tencent’s general manager of Tencent Shooting Games will also join the board of directors.
Offworld’s director of finance, Kristine Kakuno, said in a statement, “We see Tencent’s investment as a wonderful validation of both our track record for bringing engaging PC shooters to market and our long-term vision for the studio… We are thrilled to have them along as we reach new heights with Squad and our future titles.”
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