Tencent Finalizing Buyout Of Funcom Today
It looks like the time has finally come. Almost seven months after announcing their plans completely buy out Funcom it appears Tencent is finalizing it today. After close of stock trading today, Tencent will acquire the final 4.89% of shares needed to gain complete ownership of the Age of Conan and Secret World Legends developer.
The notice of the final acquisition was posted on cision.com earlier today. Of course, the notice doesn't include what Tencent's plans are for any of Funcom's games. For the most part, it seems likely they'll continue as normal as all of them (with the exception of SWL) seem to be doing fairly well. We'll just have to wait and see.
Related Articles
About the Author

QuintLyn is a long-time lover of all things video game related will happily talk about them to anyone that will listen. She began writing about games for various hobby sites a little over ten years ago and has taken on various roles in the games community.
Read Next
Scholomance Academy Expansion Introduces Hearthstone's First Dual-Class Cards
Players will be going back to school in Hearthstone's next expansion, Scholomance Academy, announced earlier today.
By Jason Winter - 2 years agoYou May Enjoy
Explore Fiesta Online’s Underwater Kingdom Of Elga Starting Today
The update is live and there’s a trailer to go with it.
By QuintLyn Bowers - 1 week agoBioWare Could Be Preparing To Hand Off Star Wars: The Old Republic To Another Developer
It could be a new era for SWTOR.
By Troy Blackburn - 1 day agoHave Some More Trailers For Black Desert Online’s Upcoming Land Of The Morning Light Expansion Before Next Week's Launch
Because, why not?
By QuintLyn Bowers - 3 days agoPhantasy Star Online 2 New Genesis Launching Version 2 June 7 And They REALLY Want You To See The "Creative Space" Tools
Build your own special space when the update launches.
By QuintLyn Bowers - 1 week agoUpcoming Texas Chain Saw Massacre Game Will Only Use The Original 1974 Film, Not Later Movies
Gun Interactive say it's possible to get the rights for the others though, depending on the hype.
By Matthew D'Onofrio - 3 days agoOverwatch 2 Director's Take Gives Overview For Buffs And Nerfs In Season 5: Tanks, One-Shots, And CC Getting Attention
Is your favorite Hero on the list?
By Troy Blackburn - 2 days ago
Discussion (0)