Quantcast
Chinese telco Tencent invests in Epic Games - Destructoid




Game database:   #ABCDEFGHIJKLMNOPQRSTUVWXYZ         ALL     Xbox One     PS4     360     PS3     WiiU     Wii     PC     3DS     DS     PS Vita     PSP     iOS     Android


Chinese telco Tencent invests in Epic Games


10:15 AM on 06.19.2012
Chinese telco Tencent invests in Epic Games photo



Today it was announced that Chinese telecommunications and internet company Tencent Holdings has acquired a minority stake in Epic Games. This is being called a strategic investment. Epic will continue to work independently, continuing to make more games for more platforms. A press release says that the deal is expected to close this month. 

"Tencent’s investment will empower Epic to help us do even more of what we do best, which is making great games and game technology. Their expertise in the global online gaming market is second-to-none, and the opportunity to work with them to bring richer experiences to players all over the world is irresistible," said Epic Games President Dr. Michael Capps.

"Epic is excited to be full steam ahead on all of its current plans for this generation of games and the next, with the support of a fantastic partner that believes in our strategy and shares our dream."

China's even taking over our videogames, man!






Comments not appearing? Anti-virus apps like Avast or some browser extensions can cause this.
Easy fix: Add   [*].disqus.com   to your software's white list. Tada! Happy comments time again.

Did you know? You can now get daily or weekly email notifications when humans reply to your comments.






China

4:00 PM on 08.22.2014
Ouya sets sights on China in hopes of success

The Ouya hasn't been embraced in the West, so now the company behind the Android microconsole finds itself turning to China in search of an audience, Reuters reports. Chinese electronics giant Xiaomi is brokering a partn...more



11:00 AM on 07.30.2014
Xbox One launches in China on September 23

Xbox One is the first gaming console approved for sale in China through the Shanghai Free Trade Zone. It launches on September 23, priced at ¥3,699 RMB (right at $599). At a media briefing today in Shanghai, launch d...more



12:30 PM on 07.17.2014
CES expands to Asia with a new tradeshow in Shanghai

The Consumer Electronic Show is one of my favorite events. It was Destructoid's very first trade show, and we've been back every year we've been in business. While not necessarily a videogame trade show, it still brings us bi...more



View all China






Back to Top




All content is yours to recycle through our Creative Commons License permitting non-commercial sharing requiring attribution. Our communities are obsessed with videoGames, movies, anime, and toys.

Living the dream since March 16, 2006

Advertising on destructoid is available: Please contact them to learn more