Tencent are trying to acquire Crytek for over €300 million. According to reports, multiple Crytek employees are concerned that Tencent would use the studio's tech for the Chinese army.
German publication Bild reports that Chinese entertainment industry giant Tencent are trying to buy german developer Crytek, the studio behind the iconic Crysis franchise, Ryse: Son of Rome and Hunt: Showdown.
The report states that Tencent are looking to acquire the studio for more than 300 million Euros via a European subsidiary. This has allegedly upset some Crytek employees, who are afraid, that if their company is sold to China, their tech will be used for military purposes by the PLA (People's Liberation Army) or China will use its ownership of the company to spy on western militaries and arms manufacturers, using CryEngine.
Interestingly, it's stated in the report that Crytek supply several western armies with military simulation programs.
Furthermore, Bild reports that according to their investigation, Tencent is highly pro-CCP and already in 2017 promised to the Chinese leadership that it will raise its party member share sharply from 23% at this time - especially in leading company positions.
We know that Crytek have been a subject of interest for many tech giants including Microsoft and it will certainly be interesting to see how this one turns out. Tencent and Crytek already worked together previously to bring Warface to the Asian market. Back then Avni Yerli, Managing Director at Crytek said the studio is excited to work with a world-class company such as Tencent.
"We are excited to have the opportunity to partner with Tencent who are recognized as the largest online game community in China and a world-class online game developer and operator."