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Geralt of Sanctuary

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Tencent’s buying spree with majority stake in Battlerite developer Stunlock Studios continues

Tencent’s buying spree with majority stake in Battlerite developer Stunlock Studios continues

Battlerite developer Stunlock Studios is deepening its ties with Tencentpicture: Stunlock Studios Yesterday, Kotaku reported that Tencent wants to buy the British game maker Sumo Group for a staggering $ 1.3 billion. Today we report that the Chinese conglomerate has acquired a majority stake in Stunlock Studios. Sweden-based Stunlock Studios is best known for free-to-play ...

Geralt of Sanctuary

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Tencent buys sumo group for $ 1.3 billion

Tencent buys sumo group for $ 1.3 billion

photo: Sumo digital The British company Sumo Group, whose various studios have worked on everything from Hitman to power to Disney infinity, was bought by Chinese giant Tencent for a whopping $ 1.3 billion. Reuters report. The purchase is merely the latest from Tencent, who have invested in or acquired other gambling companies in recent ...