Which Company Was Bought by Tencent?
Tencent, a Chinese multinational conglomerate, has made significant investments in various companies across the globe. The company has a vast portfolio of subsidiaries and partners, and has made notable acquisitions in the gaming, entertainment, and technology industries. In this article, we will explore some of the companies that have been bought by Tencent.
Zombie Game Maker Techland
One of the notable acquisitions made by Tencent is Techland, a Polish game developer known for its open-world zombie games like Dying Light. In 2020, Tencent acquired Techland, marking a significant expansion of its gaming portfolio. Techland will maintain ownership of its intellectual properties and retain creative freedom, reassuring fans concerned about potential creative intervention.
Supercell
Another significant acquisition made by Tencent is Supercell, a Finnish mobile game developer. In 2016, Tencent acquired Supercell for $8.6 billion, marking one of the largest gaming acquisitions in history. Supercell is known for its popular mobile games like Clash of Clans and Hay Day.
Funcom
Tencent also acquired Funcom, a Norwegian video game developer, in 2019. Funcom is known for its massively multiplayer online role-playing game (MMORPG) games like Age of Conan and Anarchy Online. The acquisition was seen as a strategic move to expand Tencent’s presence in the MMORPG market.
Grinding Gear Games
Tencent acquired a majority stake in Grinding Gear Games, an Australian game developer, in 2019. Grinding Gear Games is known for its action role-playing game (ARPG) game Path of Exile. The acquisition was seen as a strategic move to expand Tencent’s presence in the ARPG market.
Riot Games
Tencent acquired a majority stake in Riot Games, an American game developer, in 2015. Riot Games is known for its popular multiplayer online battle arena (MOBA) game League of Legends. The acquisition was seen as a strategic move to expand Tencent’s presence in the esports market.
Miniclip
Tencent acquired Miniclip, a British mobile game developer, in 2015. Miniclip is known for its popular mobile games like 8 Ball Pool and Agar.io. The acquisition was seen as a strategic move to expand Tencent’s presence in the mobile gaming market.
Table of Tencent’s Acquisitions
| Company | Industry | Acquisition Date |
|---|---|---|
| Techland | Gaming | 2020 |
| Supercell | Gaming | 2016 |
| Funcom | Gaming | 2019 |
| Grinding Gear Games | Gaming | 2019 |
| Riot Games | Gaming | 2015 |
| Miniclip | Gaming | 2015 |
Conclusion
Tencent has made significant investments in various companies across the globe, expanding its portfolio in the gaming, entertainment, and technology industries. The company’s acquisitions have been seen as strategic moves to expand its presence in various markets, and have provided a significant boost to its growth and profitability. In this article, we have explored some of the notable companies that have been bought by Tencent, and have highlighted the significant impact of these acquisitions on the company’s growth and expansion.