Tencent acquires Back 4 Blood, Left 4 Dead, and Evolve developer Turtle Rock Studios

By Kes Eylers-Stephenson,

The Chinese mega-conglomerate Tencent has been expanding horizons for a while, but now it has made a seriously big play. The company has announced the acquisition of Back 4 Blood and Evolve developer Turtle Rock Studios.

Tencent's press release states that Turtle Rock Studios was purchased with the developer's parent company Slamfire Inc. Apparently, Turtle Rock will "retain its independent operations" with the existing development talent that "continue to run all studio operations." The company also note that this will not affect Back 4 Blood in any way.

"We are all looking forward to joining the Tencent family of studios," said Steve Goldstein, the president and general manager of Turtle Rock Studios. "Tencent’s outstanding partners, global reach, deep knowledge of gaming and unprecedented support will help us create the kinds of ambitious games we dream of while allowing us to retain our autonomy and independent spirit."

The chief strategy officer of Tencent Games Global, Eddie Chan, had big praise to offer. "We are huge fans of Turtle Rock’s games, especially their amazing approach to creating co-operative online games. We can’t wait to see what comes next, and we’re excited to be part of their future."

Very recently, Tencent snapped up Sumo Digital in a deal worth $1.3 billion. If you take a look around, though, Tencent also has big stakes in some massive companies like Epic Games, Dontnod, Bloober Team, Ubisoft, Activision Blizzard, Remedy, and Frontier Developments.

What do you think of the deal? Let us know in the comments with an offer of your thoughts!

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Written by Kes Eylers-Stephenson

Editor Kes is our resident expert in PlayStation and other gaming news. He writes about exclusives like The Last of Us and Horizon, PS Plus news, and his favourite games — The Witcher, Assassin’s Creed, and God of War — before an evening swim.