Spec Ops: The Line" developer receives undisclosed investment from Tencent

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Spec Ops: The Line" developer receives undisclosed investment from Tencent

It's only the second month of 2020, but gaming giant Tencent has taken another step toward expanding its investment in gaming studios of all forms. Earlier this year, Tencent partnered with Platinum Games to help fund the studio's self-publishing efforts and announced plans to acquire Conan Exiles developer Funcom outright. And now, Berlin-based Spec Ops: The Line developer Yager has received an undisclosed investment from Tencent, but will reportedly remain independent.

As reported by GamesIndustry.biz, Timo Ulmann, CEO of Yager, said of the undisclosed infusion of funds, "By not only having access to Tencent's network and resources, but also by leveraging Tencent's vast industry know-how and resources, as well as access to Tencent's vast industry know-how, will greatly expand the scope of our business.

Yager currently has about 110 people in its Berlin office working on "The Cycle," which seeks to revolutionize battle royale by mixing quests with tense multiplayer matches. That's because Yager has been a relatively quiet studio since the release of the heavy shooter "Spec Ops: The Line" in 2012: that game was followed by the multiplayer spaceship shooter "Dreadnought" in 2018, though, Shortly after that, it laid off a significant portion of its employees.

Tencent's investment in Jaeger may seem a bit surprising, but the Chinese tech giant has a steadily growing portfolio of developers and publishers, including Ubisoft, Activision, Frontier Development, and Paradox Interactive. increasing. There are many more, so we invite you to read our comprehensive breakdown of the gaming companies in which Tencent has invested.

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