Tencent Holdings Acquire Leyou Technologies, Paying $1.5B

Tencent Holdings has added another gathering of game designers and distributers through a $1.5B USD procurement of Leyou Technologies

Leyou's possessions incorporate U.K.- based Splash Damage, which has chipped away at various multiplayer first-individual shooter games for Activision Blizzard and others throughout the long term; Canadian studio Digital Extremes, engineer of the mainstream online activity game Warframe, a minority stake in Certain Affinity, who have dealt with the Call of Duty and Halo establishments, and Athlon Games, who is working with Amazon on a Lord of the Rings MMO.  

Leyou's studios join Tencent's developing rundown of computer game possessions including League of Legends and Valorant engineer Riot Games, Brawl Stars and Clash Royale designer Supercell, and MMO engineer Funcom. The organization additionally holds a critical minority stake in Fortnite creator Epic Games, and minority stakes in Activision Blizzard, Ubisoft, Krafton, and numerous other computer game organizations.

In any case, if a securing happens, Tencent Mobility intends to privatize Leyou Technologies. Leyou is most popular in the games business as the parent of Warframe designer Digital Extremes. It likewise possesses UK work-for-recruit studio Splash Damage and distributer Athlon Games, which is at present chipping away at a Lord of the Rings match-up with Amazon.  

News that Leyou was available to be purchased first arose a year ago while controlling investor Charles Yuk uncovered he was in talks with iDreamSky about selling a lion's share stake.  

Leyou is recorded on the Hong Kong Stock Exchange and has kept exchanging, with refreshes on critical dealings under standard 22 of the Takeovers Code. The latest of these was yesterday, showing converses with Tencent are as yet continuous. Both Leyou and Tencent note that the dealings are no assurance that an arrangement will be made