Tencent has purchased a majority stake in Bohemia Interactive, report claims

Chinese language media conglomerate Tencent has bought a sizeable stake in Bohemia Interactive, in step with a brand new file on The Knowledge. The DayZ and Arma three developer joins Epic Video games and Supercell (recognized for cellular titles like Conflict of Clans) some of the primary studios and firms Tencent owns a stake in. 

In line with the file, Tencent paid $260 million for the 70-80 % stake. Based totally within the Czech Republic, Bohemia’s closing primary free up was once Ylands, regardless that it continues to roll out updates for each Arma three and DayZ. In 2018, Bohemia partnered with Tencent to submit Ylands by itself WeGame platform. 

In line with analyst Daniel Ahmad chatting with The Knowledge, Tencent’s funding is a bid to compete with NetEase, which distributes Minecraft in China. “Tencent is filling an opening in PC sandbox video games as they don’t have their very own self-published titles,” he mentioned.

It is been a hectic yr for Tencent. The corporate bought Conan Exiles studio Funcom previous this yr, invested in Spec Ops studio Yager, and extra just lately, took over construction of Gadget Surprise three. Tencent owns Rebel Video games too, which just lately shipped Valorant.

I have reached out to Bohemia Interactive for remark, and can replace if I pay attention again.

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