It’s been announced that Chinese tech company Tencent has acquired a majority stake in German developer Yager, most well-known for Spec Ops: The Line. Tencent had previously invested an undisclosed amount in Yager back in February 2020 that allowed the studio to scale up production and remain independent. The company has now acquired a majority […]
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Tencent Acquires Minority Stake In Lost Soul Aside Developer
Looks like Tencent is not quite done spending money on developers. According to Daniel Ahmad, the Senior Analyst at Niko Partners, the Chinese giant has just acquired a ten percent minority stake in UltiZero Games. The studio is responsible for developing Lost Soul Aside. While details from either parties are sparse, Ahmad states that Lost Soul Aside’s […]