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Tencent, the Chinese telecoms giant, has invested in various game studios and companies in the West in recent years. Now that its business potential in China has been maxed out due to government restrictions, the company has moved its pieces out of that country and it has become common to hear about its new actions more frequently, the most recent being that of a successful online multiplayer.
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Another day, another Tencent investment in video games
A report of Gamesindustry.biz revealed that Tencent Holdings invested in a minority stake in Triternion, a Slovenian company responsible for medieval-themed online multiplayer MORDHAU. According to Marko Grguorvic, general director of Triternion, this investment will serve to promote its game on more platforms, remembering that it has pending releases on PlayStation and Xbox, in addition to allowing new projects to be carried out: “Tencent’s investment will allow us to continue building on the success of MORDHAU and grow the game on other platforms. In addition to this, it will help expand our team and speed up the development and launch of new IP.”
Among the most recent investment actions carried out by Tencent is the purchase of 49% of the shares of Guillemot Bros., the company that owns Ubisoft, but it has been confirmed that there is no intention of selling by the French company, so, for the moment, the Chinese giant will have that percentage.
In the same way, Tencent and Logitech have seen the potential of portable gaming and cloud technology, so they joined forces and prepared a console ready to cover this nascent market niche considered as a sub-branch of portable gaming and that today sees impressive success thanks to the Nintendo Switch and Valve’s Steam Deck.
Still here at LEVEL UP.
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