Riot Games Digital Extremes was part of Leyou, which was acquired recently by Tencent in a deal valued at $1.5 billion. Honor of Kings is a mobile multiplayer online battle arena (MOBA) game, one of the first of its kind inspired by League of Legends, the latter being developed and published by Riot Games, a subsidiary of Tencent.. Tencent tom a principios de este mes Leyou Technologies Holdings, la empresa matriz del desarrollador de Warframe Digital Extremes. It is rumored that Tencent had to fight Sony to obtain Leyou's signature. Hello, Tenno! Tencent and Leyou Technologies are in exlcusive acquisition talks. Tencent Pictures (simplified Chinese: ; traditional Chinese: ; pinyin: tng xn yng y) is a Chinese film distributor and production company owned by Tencent.It has created films based on books, comic books, animated series and video games. Tencent's Now The Owner Of Digital Extreme And Splash Damage. Hello, Tenno! Will Digital Extremes still independently operate Warframe? Not like Tencent, The other lads hold no candle to Chinese mega EA. News by Alice O'Connor News Editor. Digital Extremes have announced that the company, Warframe & Leyou has been purchased by Chinese company Tencent, alongside information relating to the Contr. During the six-year period, we've remained creatively independent. Digital Extremes continues to prove . Tencent acquires Warframe developer Digital Extremes and several other studios. Hong Kong-based game developer and distributor Leyou Technologies, the parent of Digital Extremes, has been acquiredDigital Extremes are the studio behind Warframe by Chinese gaming giant Tencent.
It's development capacity in the West is growing. Tencent and Leyou Technologies are in exlcusive acquisition talks. Hong Kong-based Leyou Technologies has been successfully sold to Tencent, the giant Chinese media conglomerate that also owns Riot Games, Funcom, Sharkmob, controlling interests in Grinding Gear Games and Supercell, and has minority stakes in Epic, Activision Blizzard, Paradox Interactive, Ubisoft, and so many more. Hello, Tenno! Tencent Holdings, which runs the world's largest video gaming business by revenue, completed its US$1.3 billion takeover of Leyou Technologies in December last year. Digital Extremes dice que la adquisicin de la empresa matriz Leyou Technologies por parte de Tencent no afectar el contenido de Warframe. The change in ownership comes after Tencent acquired Leyou Technologies Holdings - the former parent company of Splash Damage and majority shareholder of Digital Extremes since 2014 - through its subsidiary Image Frame Investment. Despite becoming a Tencent subsidiary, Warframe developer Digital Extremes promises that it fully intends to remain " creatively independent ." Six years ago, the Hong Kong-based game company Leyou purchased a .
Chinese media conglomerate Tencent have bought Leyou, a name which might not mean much to you but you'll know some of their subsidiaries: Warframe developers Digital Extremes, and Dirty Bomb devs Splash . This will further add to Tencent's growing roster of developers and publishers as well as increase Tencent's dominance in the world gaming market.. Industry Analyst Daniel Ahmad broke the news on Twitter quoting the sale . Tencent now owns Leyou Technologies and all of its associated subsidiaries, which means Tencent also owns Warframe devs Digital Extremes. Now, Tencent . Now, in 2020, Tencent has acquired. Digital Extremes continues to prove .
Chinese multimedia giant Tencent now owns Warframe developer Digital Extremes and Dirty Bomb developer Splash Damage.. Published Dec 22nd, 2020.
Tencent completed the deal for a massive total of $1.5 billion today. Archived. Tencent currently has more money than it knows what to do with and just sort of stoppages out its cash whenever an opportunity arises. Guns out.
We just have to hope they don't meddle in DE , no job cuts , no odd monetization pushes and allow DE to remain to themselves as they promised. Tencent Holdings Ltd., also known as Tencent, is a Chinese multinational technology conglomerate holding company.Founded in 1998, its subsidiaries globally market various Internet-related services and products, including in entertainment, artificial intelligence, and other technology. Leyou wasn't' always a successful video game investing company. OtherSide Entertainment.
- digital extremes, developer of warframe - splash damage, developer of gears tactics, worked as a support studio on halo/gears games in the past . Now Leyou has been wholly acquired by Image Frame Investment , a Tencent subsidiary . They act more like a bank that is always there incase a company needs new investments and funding, at which point they may have a say in what should be done, depending on the reasons for why the company asks for more . In 2014, Hong Kong video game company Leyou bought majority shares in Digital Extremes. They are best known for creating Warframe, a free-to-play cooperative online action game, and co-creating Epic Games' Unreal series of games. In 2015, Tencent set up Tencent Penguin Pictures (Shanghai), a new movie production unit, focusing on online drama and . The two will merge through Tencent's wholly-owned subsidiary Image Frame Investment. Leyou Technologies own Digital Extremes, the creators of Warframe. In the statement on their website . Digital Extremes is a Canadian video game developer founded in 1993 by James Schmalz. Now that Tencent owns the company, it appears Digital Extremes is exploring new cloud-based gaming opportunities. Photo courtesy of Digital Extremes. However, the possibility of Sony acquiring Leyou is a more intriguing scenario, as this would mean that Digital Extremes and its Warframe IP could be owned by Sony. Its twin-skyscraper headquarters, Tencent Seafront Towers (also known as Tencent Binhai Mansion) are based in .
Previously, Digital Extremes was owned by Leyou, who had a majority stake in the company. Overview. This shoves Sony out of the conversation, but it could give Tencent more PC expertise. Either a Tencent QQ account or a WeChat account is required to play the game. In 2014 Leyou purchased majority shares in Digital Extremes. iDreamsky, which Tencent owns some share of according to Bloomberg.com, and Century Huatong are Chinese companies in the running as possible new owners. The consolidation continues. Back in 2014, Hong Kong company, Leyou bought out the majority shares for Warframe from Digital Extremes, and now, Chinese megacorp Tencent has acquired Leyou. The agreement had been talked about for a few months, but final negotiation was made yesterday. Tencent owned all side companies of Leyou Technologies, including Leyou itself for $1.5 billion as reported. Tencent has acquired Leyou Technologies in a $1.5 billion deal, meaning the . Moved Permanently. Digital Extremes is ending 2020 with a change of the financial guard. As we gather our thoughts for the end of a crazy year and move into 2021, we'd like to share what's going on with us. As we gather our thoughts for the end of a crazy year and move into 2021, we'd like to share what's going on with us. Tencent is set to become the sole owner of Leyou Technologies, the parent company of Warframe developer Digital Extremes as well as Splash Damage, King Maker, and Radiance. Tencent's USD$1.5 billion acquisition of Leyou Technologies is now officially complete, so the Chinese conglomerate is now the owner of Splash Damage, Digital Extremes, and a few other developers (thanks Gamasutra).There's a statement on the news on the Splash Damage Website saying they've joined the "Tencent family." CEO Richard Jolly says: "We've always been dedicated to creating team . It is official now. This would likely not shift the fortunes of the company that radically. Digital Extremes is headquartered in London, Ontario.In 2014, 61% of the company was sold to Chinese holding company Multi Dynamic, now Leyou, for $73 million. This means that Tencent will now be Digital Extremes' parent company. The document has been permanently moved.
If two players use the same account type on different mobile platforms (for example both have . Tencent now owns Digital Extremes, the devs of Warframe.Yet, the devs spoke out in a blog, assuring the players: We will remain creatively independent, we expect no changes to Warframe or how our studio operates, and we will remain as dedicated ever to you, the community, who has been with us every step of the way since we launched Warframe. Moved Permanently. Recent acquisitions include Don't Starve developer Klei Entertainment and Leyou, the parent company over Warframe-developer Digital Extremes. Close. However, it looks like the Chinese gaming giant Tencent have picked up the pace and are now close to finalising the deal with Hong Kong-based holding company. FILE - A security guard passes by the Alibaba booth at a trade show in Beijing, China, Tuesday, Sept. 7, 2021. The deal was agreed upon earlier this month. However, it has now been acquired by Tencent via its subsidiary Image Frame Investment. As we gather our thoughts for the end of a crazy year and move into 2021, we'd like to share what's going on with us. Digital Extremes partners with Tencent - Warframe developer to remain creatively independent with ambitious plans for 2021. Digital Extremes have announced Tencent is now their parent company, but insist they will "remain creatively independent with ambitious plans for 2021.". In 2014 Leyou purchased majority shares in Digital Extremes. 301 Moved Permanently.
After the Tencent buyout, Warframe will still remain "creatively independent". 301. Luckily nothing is changing for the developer. Original story: Leyou Technologies, the holding company that owns Warframe developer Digital Extremes and Gears Tactics developer Splash Damage, has stopped trading shares on the Hong Kong Limited . The Warframe studio has opened up a new internal division focused on cloud .
Tencent is an investor and holding company, those do not tend to change products that are already successful enough to invest in. Independence. .
In the wake of the acquisition, both .
Chinese media conglomerate Tencent has picked up two more developers after acquiring the Hong Kong-based video game company Leyou: Warframe developer Digital Extremes and Splash Damage, the studio . Tencent has been a track record of acquiring many studios and owns shares of many game studios you know. The most prominent company now under Tencent is the Canadian Digital Extremes, the developer behind Warframe. 251.
Digital Extremes has been owned in part or in entirety by a Chinese company since 2014. Posted by 10 months ago.
Tencent seems to be pretty content in letting their studios do whatever they want as long as they turn in profit. Despite being purchased by Chinese gaming company Tencent, game company Digital Extremes assures fans they will still make content for Warframe independently. With the purchase, Tencent will have access to the suite of video game studios Leyou currently owns, including Digital Extremes, Splash Damage, Radiance Games, and Kingmaker. Before all this happened, it was Hong Kong game company Leyou that bought majority of the shares in Digital Extremes. In 2014 Leyou purchased majority shares in Digital Extremes. Tencent is best known in the online games sector for partnering with game companies such as Riot Games (League of Legends), Supercell and Epic Games, among others. Tencent picked up a lot of game properties this month when it acquired Leyou Technologies, a Hong Kong-based game company, for $1.5 billion.Among the jewels are Warframe maker Digital Extremes as . An as, segn el desarrollador, eso no significa que se .
Tencent edges out Sony in Leyou Technologies buyout negotiations. Tencent now owns Digital Extremes' parent company, Leyou Technologies, though the Warframe developer was quick to reminded fans it'll "remain creatively independent." The acquisition of Leyou Technologies was sealed with a $1.5 billion deal, and included developers Splash Damage (Gears Tactics) and Athlon (Amazon's upcoming Lord of the Rings MMO) alongside Digital Extremes. Tencent owns stakes in multiple game companies, including full ownership of Riot Games, as well as small stakes in Activision Blizzard and Ubisoft. Tencent isn't looking to meddle with game development for existing games, they're just looking to get more western dollars and ownership outside of China, that's why they're investing in/buying already profitable companies and leaving them alone. Digital Extremes has been partly owned by Leyou since 2014, when the Chinese company purchased majority shares. Tencent also owns a minority stake .
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