Tencent acquires 'Sumo Group' which participated in the development of Forza series for 140 billion yen
Tencent, the world's second-largest game sales company, will
Tencent to buy Crackdown and Sackboy developer Sumo in $ 1.3bn deal | GamesIndustry.biz
https://www.gamesindustry.biz/articles/2021-07-19-tencent-to-buy-crackdown-and-sackboy-developer-sumo-in-usd1-3bn-deal
Tencent to buy UK video game developer Sumo Group
https://www.cnbc.com/2021/07/19/tencent-to-buy-uk-video-game-developer-sumo-group.html
China's Tencent agrees to buy UK video games firm Sumo for more than £ 900m | Technology sector | The Guardian
https://www.theguardian.com/business/2021/jul/19/china-tencent-uk-video-games-developer-sumo
Tencent is the world's second-largest game distributor known as the parent company of Riot Games , the developer of the MOBA ' League of Legends, ' and Epic Games , the developer of the battle royale game 'Fort Knight.' In addition to the game sales business, Tencent also develops messaging apps such as 'WeChat ' and ' Tencent QQ ', and in the brand value survey conducted in 2014, it was evaluated to be worth more than Facebook and Disney. ..
Google overtakes Apple to become the most valuable brand in the world, the top 100 rankings are like this-GIGAZINE
Sumo Group, which was found to be acquired by Tencent for about 140 billion yen, is a game development company based in the United Kingdom, and in addition to LittleBigPlanet 3 and Team Sonic Racing, the popular racing game ' Forza Motorsport ' series and , Has a track record of participating in the development of the stealth action game ' Hitman 2'.
HITMAN 2 arriving November 13th!
— Sumo Digital (@SumoDigital Ltd) October 15, 2018
We have collaborated with @IOInteractive once more to craft the deep jungle'Colombia' contract for # HITMAN2 .
Read more and see the trailer for Agent 47's upcoming mission: https://t.co/RQhevQMDU3 pic.twitter.com/Xd457bFKv0
'Tencent has a proven track record of helping game studios grow around the world,' said James Mitchell, Tencent's Chief Strategy Officer, for the acquisition. 'We leverage our expertise and resources. We plan to accelerate the growth of Sumo Group both in the UK and abroad and support the UK as a hub for game innovation. '
In addition, Sumo Group CEO Karl Cavers said, 'Sumo Group founding members Paul Porter, Darren Miles, and I are passionate about our work and will continue our role. We're doing our best. '' Working with Tencent brings another dimension to the Sumo Group. We can mark a new history in the gaming industry in ways never before possible. ' He talked about his willingness to maintain the existing structure and work on game development even after the acquisition by Tencent.
In addition, on July 19, 2021, the game studio ' Timi Studios ', which is in charge of developing 'Call of Duty Mobile ' and ' Pokémon UNITE ' under Tencent, announced that it has opened a new studio in Canada. , It seems that Tencent's game business will continue to receive a lot of attention.
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