GamingNews

Tencent Reportedly Raising Money to Buy Take-Two, EA or Korean AAA Publisher

Reports have surfaced suggesting that Chinese giant Tencent is raising money to plan a possible billion-dollar acquisition of a major AAA US game publisher. Insiders seem to think that Tencent will force a hostile takeover of Take-Two Interactive, the publisher of hits like Red Dead Redemption, Grand Theft Auto, and Max Payne. The other possible alternative is Electronic Arts, the company that owns a slew of studios like BioWare, DICE, Respawn, Motive, and a few others under its own name.

An easier takeover would be that of a South Korean developer such as NetMarble, the country’s largest studio, or Nexon, the developer of Dungeon Fighter. Tencent is already the third-largest shareholder in NetMarble with a 17% stake, and a hostile takeover shouldn’t be that hard.

The Chinese giant already has exclusive rights to publish Nexon’s Dungeon Fighter in China, so such a takeover will may more sense from a strategic standpoint.

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Areej

Computer Engineering dropout (3 years), writer, journalist, and amateur poet. I started my first technology blog, Techquila while in college to address my hardware passion. Although largely successful, it was a classic example of too many people trying out multiple different things but getting nothing done. Left in late 2019 and been working on Hardware Times ever since.

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