zddgame
/
Gaming News
/
Tencent Buys A Stake In Yet Another Game Developer
Tencent Buys A Stake In Yet Another Game Developer-September 2024
Sep 22, 2024 5:27 AM

  Chinese internet giant Tencent continues its push into the world of video games. The company has acquired a "major stake" in the Swedish game developer, 10 Chambers, a studio founded in 2015 by members of the Payday development team that released the sci-fi FPS GTFO as their first game in December 2019.

  10 Chambers creative director Ulf Andersson said in a statement that Tencent is the right partner to help the company reach "new heights."

  You need a javascript enabled browser to watch videos.

  Click To Unmute

  Firearms Expert’s FAVORITE Weapons Of 2023

  State Of Gaming Handhelds In 2023How Lies of P Cracked the Souls GenreLike a Dragon: Infinite Wealth - Official Ichiban Kasuga Character Spotlight TrailerLike a Dragon: Infinite Wealth - Official Chitose Fujinomiya Character Spotlight TrailerLike a Dragon: Infinite Wealth - Official Kazuma Kiryu Character Spotlight TrailerLike a Dragon: Infinite Wealth - Official Saeko Mukoda Character Spotlight TrailerLike a Dragon: Infinite Wealth - Official Eric Tomizawa Character Spotlight TrailerLike a Dragon: Infinite Wealth - Official Tianyou Zhao Character Spotlight TrailerLike a Dragon: Infinite Wealth - Official Seonhee Character Spotlight TrailerLike a Dragon: Infinite Wealth - Official Koichi Adachi Character Spotlight TrailerLike a Dragon: Infinite Wealth - Official Yu Nanba Character Spotlight Trailer

  Share

  LinkEmbed

  Size:640 × 360480 × 270

  Start at: End at: Autoplay Loop

  Want us to remember this setting for all your devices?

  Sign up or Sign in now!

  Please use a html5 video capable browser to watch videos.

  This video has an invalid file format.

  00:00:00

  HTML5

  Auto HD High Low

  Report a problem

  Sorry, but you can't access this content!

  

Please enter your date of birth to view this video
JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember12345678910111213141516171819202122232425262728293031Year2023202220212020201920182017201620152014201320122011201020092008200720062005200420032002200120001999199819971996199519941993199219911990198919881987198619851984198319821981198019791978197719761975197419731972197119701969196819671966196519641963196219611960195919581957195619551954195319521951195019491948194719461945194419431942194119401939193819371936193519341933193219311930192919281927192619251924192319221921192019191918191719161915191419131912191119101909190819071906190519041903190219011900

  By clicking 'enter', you agree to GameSpot's

  Terms of Use and Privacy Policy

  enter

  Now Playing: Trying To Survive A Deadly New Level In GTFO

  "As we're closing in on six years of development of GTFO, we've realized that our ambitious long-term vision for our studio will need more muscle," Andersson said. "We needed to find a partner that gives us the creative freedom to reach these new heights, while at the same time support our long-term commitment to the GTFO community. For the future of the studio as a whole; it makes it even more exciting."

  10 Chambers chief strategy officer Oscar J-T Holm said the studio will look to expand in terms of hiring. The extra resources from the Tencent investment will allow GTFO to become an "even more terrifying experience," Holm said.

  For its part, Tencent Games vice president Eddie Chan said, "We are delighted to partner with the creative talents of 10 Chambers and look forward to supporting long-term development of the studio to achieve their vision in the co-op FPS genre."

  The financial terms of Tencent's investment into 10 Chambers were not disclosed. Whatever the case, 10 Chambers becomes just the latest game developer to receive investment from Tencent.

  Tencent owns League of Legends developer Riot Games and Path of Exile studio Grinding Gear. Additionally, Tencent paid $8.6 billion to acquire Clash of Clans developer Supercell in the largest video game acquisition in history.

  Tencent also has minority investments in Epic Games, Bluehole, Ubisoft, Activision Blizzard, Platinum Games, Paradox, and Funcom.

  In the US, the Trump administration is reportedly reaching out to Tencent's US companies to ask them to send over details on their data-security systems regarding how they handle the personal data of their American users.

Comments
Welcome to zddgame comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Copyright 2023-2024 - www.zddgame.com All Rights Reserved