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Tencent close to acquiring Leyou, owner of Warframe and Gears Tactics studios

Published: 09:01, 24 August 2020
Digital Extremes
Three warframes posing for a picture in a bright light.

According to the latest reports, Tencent are in pole position to acquire Hong Kong-based gaming holding company Leyou Technologies, who are known as owners of Digital Extremes and Splash Damage studios.

A couple of weeks ago, reports suggested that Sony could be acquiring Leyou Technologies, the owner of Warframe developer Digital Extremes and Gears Tactics developer Splash Damage. However, it looks like the Chinese gaming giant Tencent have picked up the pace and are now close to finalising the deal with Hong Kong-based holding company.

According to the latest report from Bloomberg, a final deal could be announced as early as this week. Whether this will indeed be the case it remains to be seen but it does look like Tencent are ready to wrap it up very soon.

Leyou Technologies have five subsidiaries including the already mentioned Digital Extremes, Splash Damage but also Athlon Games, who you may know as the publisher of Samurai Shodown and revived Telltale Games.

Splash Damage Taking on a Corpser boss in Gears Tactics.  Just chuck a grenade in his gob. That should work, right?!

The company also own various studios in China and are set to publish a brand new Lord of the Rings MMO game in China, which will also release globally by Amazon. Furthermore, Leyou-owned studios are currently working on a Transformers shooter game, Civilization Online and an MMO based on the Civilization series. 

It's safe to say that Tencent could potentially hit a gold mine with Leyou, who have some impressive projects in the works at the moment.

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You can read more about this potential deal here.

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