Tencent has scooped up yet another game developer. The Chinese developer and publisher has acquired a majority stake Yager, makers of the The Cycle and Dreadnought, a company that it previously only held a minority stake in.
Translated German news sources indicate that Yager “is to remain independent” following the transaction, with Yager studio head Timo Ullmann saying that the deal marks “a great vote of confidence for us and a confirmation of the enormous potential behind the realignment of our challenging PvPvE shooter ‘The Cycle’.”
The deal continues Tencent’s aggressive acquisitions policy over the past year, which has seen the behemoth pick up controlling shares (or outright ownership) of Yager, Leyou Technologies (and Digital Extremes), Funcom, and many more. If I had to guess, I’d say we’re due for at least one or two more big acquisition announcements before the end of the year.