Is Riot Games Owned by EA?
Riot Games, the developer of popular multiplayer online battle arena (MOBA) game League of Legends, has been a topic of interest among gamers and investors alike. One of the most frequently asked questions about Riot Games is whether it is owned by Electronic Arts (EA). In this article, we will delve into the ownership structure of Riot Games and provide a comprehensive answer to this question.
Riot Games’ Ownership Structure
Riot Games was founded in 2006 by Brandon Beck and Marc Merrill. The company has remained independent since its inception, with no direct ownership ties to EA or any other major gaming company. In 2011, Riot Games was acquired by Chinese conglomerate Tencent Holdings, a multinational investment holding conglomerate. Tencent is one of the largest technology companies in the world, with a diverse portfolio of investments in various industries, including gaming, e-commerce, and entertainment.
Tencent’s Investment in Riot Games
Tencent’s acquisition of Riot Games marked a significant milestone in the company’s history. The investment provided Riot Games with the necessary resources to expand its operations, develop new games, and establish itself as a major player in the gaming industry. Under Tencent’s ownership, Riot Games has continued to grow and thrive, with League of Legends becoming one of the most popular PC games in the world.
Why is Riot Games Not Owned by EA?
So, why is Riot Games not owned by EA? The answer lies in the company’s history and the nature of its ownership structure. Riot Games was founded by Brandon Beck and Marc Merrill, who had a vision to create a game that would revolutionize the MOBA genre. The company’s independence allowed it to maintain creative control and focus on developing a game that would appeal to a wide range of players.
Riot Games’ Partnerships with EA
While Riot Games is not owned by EA, the company has partnered with EA on several occasions. In 2014, Riot Games and EA announced a partnership to bring League of Legends to the Xbox platform. The partnership allowed Riot Games to expand its reach and bring its popular game to a new audience.
Key Takeaways
In conclusion, Riot Games is not owned by EA. The company was founded by Brandon Beck and Marc Merrill and has remained independent since its inception. In 2011, Riot Games was acquired by Tencent Holdings, a Chinese conglomerate. The company has continued to grow and thrive under Tencent’s ownership, with League of Legends becoming one of the most popular PC games in the world.
Frequently Asked Questions
- Is Riot Games owned by EA? No, Riot Games is not owned by EA.
- Who owns Riot Games? Riot Games is owned by Tencent Holdings, a Chinese conglomerate.
- Has Riot Games partnered with EA? Yes, Riot Games has partnered with EA on several occasions, including bringing League of Legends to the Xbox platform.
Conclusion
In conclusion, Riot Games is an independent company that has remained committed to its vision of creating a game that would revolutionize the MOBA genre. The company’s partnership with EA has allowed it to expand its reach and bring its popular game to a new audience. While Riot Games is not owned by EA, the company has maintained a strong relationship with the gaming giant, demonstrating its commitment to the gaming industry.