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Chinese tech and video game company Tencent has fully acquired Swedish game studio Sharkmob for an undisclosed fee.

Chris Kerr, News Editor

May 21, 2019

1 Min Read

Newsbrief: Chinese tech and video game company Tencent has fully acquired Swedish game studio Sharkmob for an undisclosed fee. 

Founded in 2017 by a group of industry veterans from Ubisoft and IO Interactive, Sharkmob has spent the past two years working on an unannounced online game as well as "several" new projects with the help of Tencent. 

The two companies will continue working together on those projects, with Sharkmob claiming the deal gives the extra "reach and resources" it needs to realize its creative ambitions. 

Tencent, meanwhile, said it was impressed by Sharkmob's proven development track record, and was looking forward to combining the team's capabilities with its own technologies and expertise.

About the Author(s)

Chris Kerr

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.

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