Tencent Games acquires Turtle Rock Studios
Will retain independent operations
Tencent Games has recently announced in a press release that they will be adding a new video game studio onto their roster by acquiring the developers of Back 4 Blood, Turtle Neck Studios.
Tencent Games are developers behind the popular MOBA League of Legends, Call of Duty: Mobile, Honor of Kings, and Pokémon Unite. Turtle Neck Studio is among many video game studios in which Tencent has invested and have acquired.
The studio has acquired the British game studio Sumo as well as bought majority stakes in Klei Entertainment and minority stakes in Playtonic, Bohemia Interactive, Dontnod, and Remedy Entertainment this year. The studio is slowly building up its game-developing studio roster.
With the recent acquisition of Turtle Neck Studio, Tencent will be letting the studio retain independent operations in California, and their current leadership will still run the studio. In a recent blog post, Turtle Neck explained that the acquisition would allow them to do something that they have not done before, which is to “turn a universe that we created into a true long-standing AAA franchise,” as well as “ensure that the Back 4 Blood franchise would be here to stay.”
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