December 6, 2021

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Tencent Acquires Soleil, Valhalla Game Studios' Parent Company

Tencent Acquires Soleil, Valhalla Game Studios' Parent Company


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Tencent Acquires Soleil, Valhalla Sport Studios’ Mum or dad Firm

Enterprise information web site Bloomberg reported on Thursday that Chinese language web conglomerate Tencent Holdings has acquired a 90% controlling stake in Wake Up Interactive, the father or mother firm of Japanese builders Soleil and Valhalla Sport Studios. The acquisition befell in September.

Soleil developed video games similar to Ninjala, Samurai Jack: Battle Via Time, and Naruto to Boruto: Shinobi Striker, and in addition assisted on the event of Grasshopper Manufacture‘s Travis Strikes Once more: No Extra Heroes. It’s presently creating the Wished: Lifeless recreation.

Valhalla Sport Studios developed Satan’s Third. Tomonobu Itagaki (Lifeless or Alive, Ninja Gaiden) based the studio in 2009 after leaving KOEI Tecmo Video games in 2008, however resigned as the corporate’s Consultant Director and Chief Technical Officer in 2017. Soleil was beforehand a subsidiary of Valhalla Sport Studios.

Most not too long ago, Tencent introduced in October that it’s going to purchase a 6.86% stake in Japanese writer Kadokawa.

Tencent invested 65.7 billion yen (about US$567 million) into retail firm Rakuten in March.

Tencent, by means of its Hong Kong-based Picture Body Funding subsidiary, acquired 8.6 million of shares in Marvelous, together with 708,600 of major shareholder Hayao Nakayama’s shares and a pair of.83 million of Amuse Capital’s shares, in Could 2020.

Platinum Video games introduced in January 2020 that it has acquired a capital tie-up with Tencent. Sq. Enix and Tencent introduced in August 2018 that they’d agreed to kind a strategic partnership. The businesses are establishing joint ventures, collectively creating AAA titles primarily based on new IP, and licensing current IP to increase content material companies each within the Chinese language market and globally.

Supply: Bloomberg (Takashi Mochizuki, Zheping Huang) by way of Siliconera