Tencent continues to invest in its video game offerings, as it today announced the acquisition of Turtle Rock Studios. It will reportedly have no effect on the development of Back 4 Blood, which was published by Warner Bros.
The announcement doesn't seem to indicate that there will be any big shake-ups, with Turtle Rock continuing to operate from its US base, and the two co-founders, Phil Robb and Chris Ashton, remaining in their positions and continuing to run "all studio operations".
Steve Goldstein, president and general manager of Turtle Rock Studios, commented on the big announcement. “Tencent’s outstanding partners, global reach, deep knowledge of gaming and unprecedented support will help us create the kinds of ambitious games we dream of, while allowing us to retain our autonomy and independent spirit", he said. "We are all looking forward to joining the Tencent family of studios”.
This is yet another feather under Tencent's cap, having already acquired Riot Games, Sumo Digital, and many more. Further still, it owns shares in Epic Games, Activision Blizzard, Dontnod, and Ubisoft – so there's pretty much no aspect of the gaming industry that the media giant doesn't play a part in.
Fingers crossed, this doesn't affect the developers on the ground – or see Back 4 Blood bring in the microtransactions of Pokemon Unite.
Tencent has recently seen a lot of success with the Pokemon MOBA, which was developed by its subsidiary, Timi Studios. Development is still ongoing, with numerous updates added since it hit Nintendo Switch, and many more on the way. It's also made its way onto mobile with crossplay functionality, reaching millions more players than before, and therefore, banking on a whole lot of microtransactions.
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