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It's the latest purchase from the Chinese gaming giant
The board of British company Sumo Group, whose various studios have worked on everything from Hitman to Forza to Disney Infinity, has agreed to a purchase by Chinese giant Tencent for a whopping $1.3 billion, Reuters report.
The acquisition is merely the latest from Tencent, who in recent years have invested in or taken ownership of other gaming companies like:
- Riot Games (Tencent owns a 100% share)
- Epic Games (40%)
- Dontnod (23%)
- Activision Blizzard (5%)
- Ubisoft (5%)
- Paradox (5%)
This is as well as smaller investments in companies like PlatinumGames, Roblox and Bohemia Interactive. And that’s just a selection of some of the better-known studios and publishers. Tencent also owns the video game site Fanbyte.
Sumo Digital was originally founded in England in 2003, and I have very fond memories of one of their first releases, 2004's excellent home console port of Outrun 2. Born from the demise of Infogrames, Sumo’s early success led to their opening a second studio in 2007, before opening many more and then acquiring more still, in both the UK and over,
Read the full article on Kotaku.
