Daily news, dev blogs, and stories from Game Developer straight to your inbox
Spec Ops: The Line developer Yager nets minority investment from Tencent
Tencent has made an undisclosed minority investment in Spec Ops: The Line developer Yager.
February 10, 2020
1 Min Read
Tencent has made an undisclosed strategic minority investment in Spec Ops: The Line developer Yager.
The Berlin-based studio, which recently expanded into self-publishing, will use the capital to further strengthen its development and publishing capabilities for its current title The Cycle and upcoming projects.
Commenting on the deal, Yager chief exec Timo Ullman said it would allow the company to "greatly enhance" the scope of its business.
"Tencent is not only the world’s leading games company but also a prolific investor with a stellar track record," said Ullman. "We’re confident that this will greatly enhance the scope of our business, not just by getting access to Tencent’s network and resources but by tapping the vast industry know-how Tencent possesses."
This is the third significant deal Tencent has made since the turn of the year, with the Chinese conglomerate having recently invested in Bayonetta developer Platinum Games while also moving to fully acquire Conan Exiles maker Funcom.
About the Author(s)
News Editor, GameDeveloper.com
Game Developer news editor Chris Kerr is an award-winning journalist and reporter with over a decade of experience in the game industry. His byline has appeared in notable print and digital publications including Edge, Stuff, Wireframe, International Business Times, and PocketGamer.biz. Throughout his career, Chris has covered major industry events including GDC, PAX Australia, Gamescom, Paris Games Week, and Develop Brighton. He has featured on the judging panel at The Develop Star Awards on multiple occasions and appeared on BBC Radio 5 Live to discuss breaking news.
You May Also Like
Exploring the 2024 State of the Game Industry report - Game Developer Podcast ep. 39Feb 2, 2024
Phantom inspiration and the ethical auteur with Xalavier Nelson Jr.Dec 8, 2023
Designing Killer Queen: from playground experiment to modern arcade sensationOct 18, 2023
Rod Humble and King Choi illustrate the ambition of Life By YouSep 22, 2023
Get daily news, dev blogs, and stories from Game Developer straight to your inbox
Subscribe to Game Developer Newsletters to stay caught up with the latest news, design insights, marketing tips, and more