Tencent, the internet behemoth from China, is looking to acquire yet another game development studio. The company has revealed a proposal to purchase the British game studio Sumo Digital in a $1.27 billion deal, Tencent announced on Monday, as reported by Reuters.
Sumo is a huge studio/publisher founded in 2003. It now has 10+ international studios and hundreds of developers. The company most recently released Hood: Outlaws & Legends earlier this year. The company is also known for its work on Crackdown 3, Sackboy: A Big Adventure, and more.
Tencent clearly sees a lot of appeal in Sumo, as the company is a paying a 43% premium on Sumo's latest stock price.Continue Reading at GameSpot
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jinx blog - Kamis, 22 Juli 2021
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