Tencent leads $25 million round for Avakin Life maker Lockwood Publishing
Tencent has led a $25 million investment in Lockwood Publishing, the maker of the 3D virtual world Avakin Life. It’s a bet that makers...
Tencent-owned Sharkmob opens triple-A game studio in London
Sweden’s Sharkmob has opened a triple-A game studio in London, and it’s starting to hire developers for it. Given the background of the former...
Why Tencent is looking to buy Warframe parent company Leyou
After rumors surfaced that Sony was considering acquiring Hong Kong gaming company Leyou Technologies, the focus is now shifting to Tencent. In a note...
Tencent hasn’t acquired a stake in Bohemia Interactive
Reports yesterday claimed that Tencent acquired a significant stake in Day Z developer Bohemia Interactive. But the studio clarified this morning that those stories...
Bandai Namco: ‘We’re planning on maybe not having any live events in 2020’
The fighting game community has been hit especially hard by the COVID-19 pandemic. While other major game genres have been able to go online,...
China is approving more foreign games, but not so many American ones
China has always been a hard market to crack for non-Chinese game companies. But the regulatory approval of games imported into China has started...
Tencent invests in Spec Ops: The Line studio Yager
Tencent is making another big move in the gaming space. The Chinese megaconglomerate is investing an undisclosed amount of capital in Berlin-based game studio...
The DeanBeat: A big week for game company acquisitions
It was a heck of a week for game company transactions, illustrating the huge opportunities in gaming and growing investor interest — as well...
Tencent makes $148 million offer to acquire all shares of Dune developer Funcom
China’s Tencent has made a $148 million offer the acquire all the shares of Funcom, maker of the Conan Exiles and Age of Conan...
What Tencent’s investment past says about the future of PlatinumGames
PlatinumGames announced yesterday that Tencent made a capital investment in the Bayonetta developer. The two parties did not disclose the details of the agreement,...