Sumo Digital, Sackboy: The studio behind games such as A Big Adventure and Crackdown 3 will be acquired by a Chinese company Tencent 1.27 billion US dollars.
The latest acquisition of Tencent’s expanding gaming empire will be British studio Sumo Digital.
According to Reuters, shareholders of Sheffield-based company Sumo Digital will receive 513 pence in cash per share-an impressive 43% higher than the final price. Unsurprisingly, there are reports that Sumo shareholders are eager for the transaction to proceed.
Tencent will gain control of sumo itself and the multiple studios it controls. This includes various sumo studios in Sheffield, Nottingham, Newcastle, Leamington Spa and Warrington, as well as international studios Pipeworks, Atomhawk, Lab42, PixelAnt, Red Kite Games and Sumo Pune.
Therefore, Tencent will definitely make a fortune.
“The opportunity to cooperate with Tencent is something we should not miss. It will bring another dimension to sumo, and provide us with the opportunity to truly brand in this amazing industry in an unprecedented way,” Sumo boss Carl Carver Si said in a statement. “Tencent has a good track record in supporting the management team and its existing strategies.
“In addition to accelerating its own intellectual property rights work, Tencent also demonstrated its commitment to supporting customer work and expressed its intention to ensure that we have the necessary investment to continue to focus on turnkey and cooperation with our major strategic partners. Development project.”
Tencent acquired a majority stake in Don’t Starve Studio Klei Entertainment and made a major investment in GTFO developer 10 Chambers.
Tencent also acquired a majority stake in Yager and recently established a studio in California.
To be sure, when the various projects of Tencent Studio are ready, the company will have a huge impact in the international game field.