Tencent is becoming a majority shareholder in Dying Light developer Techland

Tencent, a Chinese technology company, has announced that it will acquire a significant stake in the company, but that it will retain its IPs and continue to operate as is.

The details:

• Pawe Marchewka, the studio's CEO and founder, confirmed the news in a blog post, saying that Techland has become yet another developer in which Tencent has invested its fortune, but that it will "continue to operate in the way [it] believes is right." Marchewka will remain as CEO, and the studio will retain not only full creative freedom but also all of its IPs, including its biggest hit, Dying Light.
• The studio's CEO stated that its upcoming open-world fantasy RPG is "already shaping up to become something truly special," but that it will only be able to meet its own high expectations with the help of "like-minded friends and strong partners, who share the same vision, passion, and have the willingness to back it up with their knowledge, experience, and capabilities." This prompted it to form a partnership with Tencent, which he claims will allow the studio to "move full speed ahead" with its projects and likely open it up to more financial and technical support.
• Tencent is one of the largest companies in the gaming industry, with stakes in some of the biggest players including Activision Blizzard, Ubisoft, Epic Games, and even Nintendo. It also owns Riot Games, Sumo Digital, and its own brands under the Tencent Game label, which collaborates with a variety of publishers, including Ubisoft on the upcoming Assassin's Creed Jade.

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