I think at this stage of the game we all know Tencent. The Chinese giant has a long series of acquisitions and investments in video game studios, where it acquired things like Funcom and Riot Games, in addition to having large, medium and small investments in Epic Games (40 %), Grinding Gear Games (86%) in addition to Ubisoft and Paradox (5%), among others.
Beyond the opinion that everyone may have about it, it is undeniable that it is a fairly understandable movement today, which, for the moment, does not seem to stop, since a new study officially confirmed its acquisition by Tencent.
1C Entertainment officially announces its acquisition by Tencent
And it is that just like 1C Entertainment, the publishers of Reverie Knights and Men of War among others, have shared on their official Twitter account, that Tencent has taken over all the shares of the company, now part of Tencent Holdings Limited.
1C Board Member Tomasz Nieszporski shared the following thought in an official statement released on site 1C:
We are really pleased with this agreement. This is an incredible opportunity for 1CE to fulfill its wildest dreams and aspirations in the gaming industry. Our vision and passion will now be supported by one of the world’s leading video game companies, and I am honored by the unique opportunity to work alongside Tencent and the other creative minds that are part of this global ecosystem.
We are very happy to announce that we have joined the @TencentGlobal family. For more information about our promising cooperation, click on the link below.https://t.co/WQnrdkqGEt#Economic news pic.twitter.com/08e4rStZi7
— 1C Entertainment (@1C_Company) February 25, 2022
