Tencent’s footprint in the gaming industry is set to grow. The China-based company is set to purchase a majority shareholder stake in Dying Light developer Techland.
The news was announced in a post on Techland’s website by company founder Pawel Marchewka.
“Today I am happy to announce the partnership with Tencent who are in the process of becoming Techland’s majority shareholder,” Marchewka said.
“Teaming up with Tencent will allow us to move full speed ahead with the execution of the vision for our games. We have chosen an ally who has already partnered with some of the world’s finest video game companies and helped them reach new heights while respecting their ways of doing things.”
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Though Tencent will become a majority shareholder in the company, Marchewka said that the studio will retain “full ownership” of its IPs. In addition, Techland will “maintain creative freedom, and continue to operate the way we believe is right.”
Currently, Techland is working on an open-world fantasy action RPG. There is no timetable for the game’s launch.
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