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I like the duck a lot.
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Tencent will become Funcom’s largest shareholder

  • Posted byby Mike Minotti
  • Updated
  • 1 min

Tencent announced today that it has agreed to acquire 29% of Funcom‘s shares, making it the largest shareholder in the independent game developer and publisher.

Funcom has been behind games like Conan Exiles and Mutant Year Zero: Road to Eden. The Norway-based company started in 1983. The studio has a pedigree in multiplayer online role-playing games, having made 2001’s Anarchy Online and 2012’s The Secret World. Funcom also developed the adventure game The Longest Journey and its sequels.

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Written by

Mike Minotti

Mike Minotti has been with GamesBeat since 2012, starting as an intern. Based near Youngstown, Ohio, he now manages GamesBeat's editorial team. He's also a prolific podcaster, appearing on multiple shows covering the gaming industry.