Tencent Games is a Chinese video game company headquartered in Shenzhen, and a division of Tencent.
As of 2017, it is the largest gaming company in the world by revenue and market value. Its leading game King of Glory, a mobile MOBA game based on Chinese historical characters is the world's top-grossing game by worldwide iOS + Google Play revenue in May, according to mobile data intelligence firm App Annie's latest monthly index. It grossed on average $84 million per month on iOS in China in the first five months of the year, App Annie data showed.
Video Tencent Games
History
Tencent Games has been created by assembling the divisions of Tencent dedicated to gaming and a series of acquisitions which have helped building a large portfolio of online games on all platforms: computers, videos games consoles and mobile phones.
The company owns Proxima Beta, the publishing arm of Tencent Games in Europe. This organization, specialize in entertainment serves, provide online computer games for mobile, cellular telephone and other wireless devices.
Online Gaming
The new service, dubbed "WeGame" will support international users.
Acquisitions
- In 2008, Tencent acquired 22.34% of the equity interest in Riot Games, developer of the popular MOBA game League of Legends. On February 18, 2011, Tencent acquired a majority equity interest (92.78%) in 2011, and finished the full acquisition on the 16th December 2015.
- In 2013, Tencent increased its stake in Kingsoft Network Technology, a subsidiary of Kingsoft Corporation, to 18%. Tencent previously had a 15.68% stake in the company and raised the stake through a USD 46.98 million investment.
- On 24 July 2013, Tencent game and EA reached a strategic cooperation by winning the Chinese EA SPORTS FIFA Online 3 proxy.
- On March 27, 2014, Tencent agreed to pay about $500 million for a 28% stake in South Korea's CJ Games.
- On June 21, 2016, Tencent's consortium HALTI spent $8.6 billion to acquire a total of 84.3% stake of Finland Supercell, including 73.2% from Softbank, Japan, along with 12% from several Supercell employee shareholders, such as "Tribal conflict", "island Jones", "tribal conflict", "royal war", "cartoon farm" game developers.
Participations
- 2008, Tencent acquired 20.2% stake in VinaGame, thus became a minority investor.
- Tencent acquired a minority stake in Epic Games, developer of franchises like Unreal, Gears of War, Infinity Blade, and Fortnite in June 2012.
- On September 2014, Korean mobile game producer PATI Games, announced a US$19.7 million won of capital investment from Tencent.
- Tencent took part in Activision Blizzard splitting from Vivendi as a passive investor in 2013 and currently owns about 5% of the shares as of 2016.
- On February 27, 2015, Tencent announced that it had acquired a minority stake in Robot Entertainment, the developer of the Orcs Must Die! series.
- On April 29, 2015, Tencent acquired a minority stake in Glu Mobile, paying USD 126 million for 14.6 percent of the company.
- On May 13, 2015, Tencent acquired a minority stake in mobile developer Pocket Gems, acquiring 20 percent of the company for the price of USD 60 million.
- Tencent owns a 37% stake in Fireforge, the latter bankrupted in 2016.
- Tencent, Line, and Korea Investment Partners jointly set up a consortium in which Tencent contributed about US$110 million, a majority of which went toward 4:33 Creative Lab, which makes hit titles Arrow and Blade.
Maps Tencent Games
Company Structure
Subsidiaries
- Supercell
- Riot Games
- Epic Games
- Netmarble Games
- Garena
- Glu Mobile
- Pocket Gems
- Miniclip
- Maxwell Anger
- Activision Blizzard
- Ubisoft
Studios
- Timi Studio Group
- Quantum Studios
- Morefun Studio Group
- The Aurora Borealis Studio
- Tencent Boston
Notable Games
- Arena of Valor
- CrossFire
- Dungeon Fighter Online
- League of Legends
- Clash of Clans
- Clash Royale
- Smite
- ArcheAge
- Alliance of Valiant Arms
- PlayerUnknown's Battlegrounds (Mobile)
- Path of Exile
- Marvel Future Fight
- Paragon
- Leisure Suit Larry (Mobile)
Corporate responsibility
The company will also require all players to register with their real names; those who do not will be classified as under-12 users.
References
External links
- Official website
Source of the article : Wikipedia
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