Funcom makes the Conan games.
Funcom makes the Conan games.
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Tencent makes $148 million offer to acquire all shares of Dune developer Funcom

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

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 games.

Tencent, China’s social media giant and the world’s biggest game company, took a 29% share of Oslo, Norway-based Funcom in October. One of Funcom’s most promising titles is Dune, an open world sandbox game based on Frank Herbert’s Dune science fiction universe.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.