Tencent has purchased a majority stake in Bohemia Interactive, report claims

Chinese language media conglomerate Tencent has bought a sizeable stake in Bohemia Interactive, in step with a brand new document on The Data. The DayZ and Arma three developer joins Epic Video games and Supercell (recognized for cellular titles like Conflict of Clans) a few of the primary studios and corporations Tencent owns a stake in. 

In keeping with the document, Tencent paid $260 million for the 70-80 p.c stake. Primarily based within the Czech Republic, Bohemia’s remaining primary liberate was once Ylands, although it continues to roll out updates for each Arma three and DayZ. In 2018, Bohemia partnered with Tencent to put up Ylands by itself WeGame platform. 

In keeping with analyst Daniel Ahmad chatting with The Data, Tencent’s funding is a bid to compete with NetEase, which distributes Minecraft in China. “Tencent is filling an opening in PC sandbox video games as they don’t have their very own self-published titles,” he mentioned.

It is been a hectic yr for Tencent. The corporate bought Conan Exiles studio Funcom previous this yr, invested in Spec Ops studio Yager, and extra not too long ago, took over building of Gadget Surprise three. Tencent owns Rise up Video games too, which not too long ago shipped Valorant.

I have reached out to Bohemia Interactive for remark, and can replace if I pay attention again.

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