Gamasutra - Tencent acquires majority stake in Klei Entertainment
Tencent acquires majority stake in Klei Entertainment '); } Tencent, the China-based megacorp that's deeply invested in large companies such as Riot Games and Epic Games, has picked up a majority stake in a much smaller company. That company is Canadian game developer Klei Entertainment. The news comes by way of a forum post from Klei founder Jamie Cheng. He said that the partnership "helps us navigate a changing industry, and helps us focus on what we want to do best: making unique experiences that no one else can." Cheng explained that as part of the deal, "Klei retains full...
Source: gamasutra.com