Create an account


Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
News - Tencent grabs ‘major stake’ in GTFO developer 10 Chambers

#1
Tencent grabs ‘major stake’ in GTFO developer 10 Chambers

Tencent has acquired a “major stake” in GTFO developer 10 Chambers. The studio broke the news on Twitter, and said the investment will add “more muscle” to its development capabilities that will “allow it to reach new heights in the co-op FPS genre.”

“Since we embarked on our GTFO journey, almost six years ago, we’ve realized that our long-term vision for our studio and what we want to accomplish in the co-op FPS genre, is even more ambitious than we thought back in 2015,” wrote the studio.

“To reach the heights we want to, we need to add more muscle. We’ve been in search of a partner, and we found Tencent, which has now acquired a major stake in 10 Chambers. They give us the creative freedom to reach new heights in the co-op FPS genre, and they support our long-term commitment to GTFO and its community.

“Nothing changes with GTFO, and we’re still here, right now hard at work on the next major GTFO update, Rundown #004.”

Tencent has a rich history of investing in video game companies, and has sunk cash into major players including League of Legends maker Riot Games, Clash of Clans developer Supercell, and Fortnite creator Epic Games.

It also develops titles in-house, finding success with its multiplayer online battler Honor of Kings (known as Arena of Valor outside of China), and has worked with companies including Activision Blizzard and Bluehole to launch titles like Call of Duty Online and PlayerUnknown’s Battlegrounds in China.



https://www.sickgaming.net/blog/2020/10/...-chambers/
Reply



Possibly Related Threads…
Thread Author Replies Views Last Post
  News - Ni No Kuni Developer Level-5 Is Shutting Down In North America-Report xSicKxBot 0 7 10-13-2020, 02:59 AM
Last Post: xSicKxBot
  News - October 2020: All The Major Game Releases For PS4, Switch, Xbox One, PC xSicKxBot 0 21 09-30-2020, 01:07 PM
Last Post: xSicKxBot
  News - Get a job: Evil Empire is hiring a Senior Technical Developer xSicKxBot 0 57 08-30-2020, 10:05 PM
Last Post: xSicKxBot
  News - Even More Nintendo Switch eShop Deals Are Up For Grabs Now xSicKxBot 0 53 08-26-2020, 07:08 AM
Last Post: xSicKxBot
  News - Obituary: Meridian 59 and MMO developer Brian Green xSicKxBot 0 55 08-16-2020, 08:06 AM
Last Post: xSicKxBot
  News - This Fantastic Nintendo Switch Game Just Got A Major Price Drop xSicKxBot 0 60 08-14-2020, 03:38 PM
Last Post: xSicKxBot
  News - Mobile developer Big Run Studios nets $5.25 million to expand operations xSicKxBot 0 55 08-12-2020, 01:53 AM
Last Post: xSicKxBot
  News - Suicide Squad Game Announced By Batman Developer Rocksteady xSicKxBot 0 59 08-09-2020, 08:55 PM
Last Post: xSicKxBot
  News - New Switch Eshop Sale Brings Major Markdowns On Skyrim, Doom xSicKxBot 0 82 08-05-2020, 08:52 AM
Last Post: xSicKxBot
  News - Blog: Can you be a full time solo indie developer? xSicKxBot 0 81 07-15-2020, 06:46 PM
Last Post: xSicKxBot

Forum Jump:

Become a Patron!
[-]
Upcoming Events

[-]
Latest Threads
Xbox Wire - Announcing Details for Xbox ...
Last Post: xSicKxBot
Today 01:19 PM
» Replies: 0
» Views: 1
News - Report: China-owned mobile studio...
Last Post: xSicKxBot
Today 01:19 PM
» Replies: 0
» Views: 2
News - Get a job: Join Insomniac Games a...
Last Post: xSicKxBot
Today 01:19 PM
» Replies: 0
» Views: 2
Microsoft - The importance of bringing b...
Last Post: xSicKxBot
Today 08:18 AM
» Replies: 0
» Views: 3
News - Party-Based RPG Battle Hunters Pu...
Last Post: xSicKxBot
Today 08:18 AM
» Replies: 0
» Views: 3
(Indie Deal) PlugInDigital & Kalypso Str...
Last Post: xSicKxBot
Today 03:29 AM
» Replies: 0
» Views: 4
[1.06] BO4 Zombie Trainer (Call of duty ...
Last Post: DjiboutiOne
Today 02:54 AM
» Replies: 11
» Views: 393
News - Truck Driver Sets Course For A No...
Last Post: xSicKxBot
Today 01:47 AM
» Replies: 0
» Views: 5
News - Among Us Players Are Playing As S...
Last Post: xSicKxBot
Today 01:47 AM
» Replies: 0
» Views: 5
Humble STEM Productivity Library by Merc...
Last Post: xSicKxBot
Yesterday 05:52 PM
» Replies: 0
» Views: 4

[-]
Twitter

[-]
Sponsored
Get the Deal of the Week at RefurBees.com

Copyright © SickGaming.net 2012-2020