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Tencent's $330M Epic Games investment absorbed nearly half of dev's stock

Polygon:Massive Chinese internet company Tencent snatched up 48.4 percent of Epic Games' available capital shares for $330 million last summer, giving the company the right to nominate directors to the North Carolina-based studio's board , according to Tencent's financial reports.

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NYC_Gamer1762d ago (Edited 1762d ago )

I guess this is the reason why many key figures have left..Epic is now under the control of Tencent just like Runic games..

theWB271761d ago

Wow is all I can think of...to be snatched up by a company who has no idea how you handle things and to have totally different visions had to of been a gut blow.

DJ1761d ago

And this is why you don't go public...

iNFAMOUZ11761d ago

thats messed up, and a big example of why i never got into the game biz

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