The Asian giant buys the entire Sumo Digital development studio
Tencet announced the purchase of Sumo Digital is worth $ 1.27 billion, which is a good asset for the Asian giant. The company already had a 8.75% from the developer, so now it has been done with its entirety.
Despite the official announcement of the deal, the truth is that the deal has yet to be formalized. However, all that remains is to wait for both sides to make it effective in the coming days. Paul Porter, Darren Mills and Carl Cavers, the three founders of SUMO, said this is a golden opportunity they cannot pass up that will help them stand out strongly in the industry.
This movement will not imply any change for the developer, because it ensures that he will continue his work model and his projects. This only secures its future, while also enriching the study experience and resources with Tencent’s contribution.
