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Tencent to acquire 20% stake in studio behind Daemon X Machina

At this point, Tencent has a huge number of investments in the video game industry. Recently, the company has stepped in to invest in PlatinumGames and take over the System Shock franchise. Now, Tencent is reportedly acquiring a stake in another studio, Marvelous.

Most recently, Marvelous released Daemon X Machina on Nintendo Switch and PC. Prior to that, it also released Story of Seasons and several games in the Senran Kagura series. Notably, Marvelous is another Japanese studio, one of the few territories where Tencent did not have much games industry investment activity.

According to Bloomberg. Tencent is acquiring a 20% stake. As one analyst in the report suggests, this seems to be part of a move for Tencent to learn more about the Japanese video game market and how to create games for it. Japan is one of the final frontiers for Tencent to gain a foothold.

Other companies Tencent has ownership of or investment in include:

  • Riot Games
  • Funcom
  • Grinding Gear Games
  • Supercell
  • Epic Games
  • Glu Mobile
  • Frontier Developments
  • Activision Blizzard
  • Paradox Interactive
  • Ubisoft
  • MiniClip
  • Yager Development
  • PlatinumGames
  • Marvelous

Marvelous plans to use this new funding to expand its existing video game franshises and create new IP over the next three years.

KitGuru Says: Tencent’s investment in various studios is likely going to increase in the years to come as it continues to expand all over the globe. Time will tell how this latest investment will be put to use over at Marvelous.

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