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Tencent grabs stake in Killsquad developer Novarama

The Spanish studio is currently working on an unannounced, multi-platform MMO.

Tencent has acquired a stake in Spanish game studio Novarama.

Based in Barcelona, Novarama is currently working on an unannounced, multi-platform MMO.

The company was established in 2003 and worked exclusively with Sony for over a decade on the Invizimals franchise for PSP, PS Vita, and PlayStation 3. More recently, the studio released action-RPG Killsquad on Steam.

Tencent didn't disclose the size of its investment, simply explaining it will "take a stake" in the company under the terms of the investment agreement.

This is the fourth investment Tencent has made in March alone, with the Chinese company having already sunk cash into RiffRaff Games, Tequila Works, and Offworld Industries. It also acquired Inflexion Games and 1C Entertainment back in February.

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