Chinese giant Tencent buys Sumo Digital for more than 1 billion euros

They are the authors of Outrun 2, Sackboy: An adventure in a big way or Team Sonic Racing.

Whether by buying renowned studios or investing in the creation of new work teams, in recent times the Chinese giant Tencent has become much bigger by extending its domains all over the world. Your latest acquisition? The British study Sumo Digital , authors among others of the remarkable Sackboy: An adventure in a big way or the remembered Outrun 2 .

Sumo is made up of 14 studios spread around the worldTencent already owned 8.75% of the company’s shares, making the Chinese giant the second largest shareholder in Sumo Digital. But now, the company has invested 919 million pounds, just over a billion euros, to take control of the parent company of Sumo Digital, which has under its belt 14 studios spread around the world with more than 1,200 employees. in staff.

“Sumo’s board of directors strongly believes that the business will benefit from Tencent’s broad gaming ecosystem, proven industry expertise, and strategic resources,” said Sumo Non-Executive Chairman, veteran Ian Livinsgtone , one of those responsible for the success of old Eidos .

In recent weeks Tencent has been in the limelight by creating a new studio founded by former Blizzard , the purchase of the authors of Spec Ops The Line , in addition to strengthening its presence in other large studios such as Control Remedy, with close to 4% of the shares of the authors of Control and Alan Wake .