Tencent Buys A Stake In Another Game Developer, And It s Life Is Strange Dev Dontnod
Tencent, the Chinese internet giant that owns the developers of League of Legends, Warframe, Path of Exile, and Don t Starve, has announced yet another investment in a game studio.
Life Is Strange studio Dontnod, which is based in France, announced that Tencent has invested €30 million into the studio to claim a minority stake in the company. As part of the deal Tencent gets the option to ask for a seat on Dontnod s board of directors.
Dontnod said it s using the money to pay for the expansion of the studio s efforts to develop and self-publish games across PC, console, and mobile. Dontnod s latest games were Tell Me Why and Twin Mirror, both of which were released in 2020.
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