Quantcast
Chinese telco Tencent invests in Epic Games - Destructoid

DestructoidJapanatorTomopopFlixist



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

3:00 PM on 01.12.2014
Tips for China to catch up on 14 years of console gaming

[Dtoid community blogger UsurpMyProse catches China up on what they've been missing. Turns out, it's not much! Want to see your own blog appear on our front page? Go write something! --Mr Andy Dixon] Hey there, China! Have yo...more



1:45 PM on 01.07.2014
China temporarily lifts ban on game console sales

Reuters is reporting that China has temporarily lifted the ban on sale of foreign game consoles. The 14 year ban now allows "foreign-invested enterprises" to make consoles within Shanghai's free trade zone and sell them in Ch...more



1:00 PM on 12.28.2013
China bans Battlefield 4

I remember browsing the Origin store a few days ago to see if EA was going to at least try and compete with Steam's Holiday Sale when I came across the Battlefield 4: China Rising expansion in the 'New Releases' sec...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