40°
Submitted by -Mezzo- 265d ago | opinion piece

How Tencent is slowly transforming into one of gaming’s biggest investors

VB - Yesterday, Chinese Internet and investment-holding company Tencent purchased a minority stake in Call of Duty publisher Activision Blizzard. Tencent is a small part of an $8.17 billion deal that freed Activision Blizzard from majority shareholder Vivendi.

Tencent partnered with Activision chief executive Bobby Kotick, co-chairman Brian Kelly, and others to purchase $2.34 billion in Activision stock from Vivendi. That investor group now owns almost 25 percent of Activision. (Industry, Tencent Games)

Godlovesgamers  +   266d ago
More like "How China is slowly transforming into one Americas biggest borrowers", because at this point America owes them embarrassing amounts of money.

Tencent is just a symptom of a bigger issue. Expect to see more Chinese companies investing in and buying out American companies, especially as the value of our dollar (now at .40C per dollar)inevitably falls further.
deadfrag  +   265d ago
They already have a share of Capcom;Monster Hunter online is been made by Tencent i also read somewhere that they have a new KUF online in development;not the Kingdom under fire thats been made for the PS3,and PC but a new MMO thats still early in development.Now they are picking western share at Activision,THAT ACTUALLY GOOD.
#2 (Edited 265d ago ) | Agree(0) | Disagree(0) | Report | Reply

Add comment

You need to be registered to add comments. Register here or login
Remember
New stories
30°

Ubisoft is possibly the largest Gaming company right now!

15m ago - Ubisoft has over 9,000 employees, may be LARGEST VIDEO GAME company right now! | Tech
20°

Dungeon Keeper Gameplay Walkthrough Part 5

31m ago - Today we stopped by Flowerhat to set up shop. In this episode we were given gems for the first ti... | PC
30°

One More Chance In Last Life - Cliqist

31m ago - Julie Morley returns with another edition of 'Another View,' where she provides first person acco... | PC
40°

The Future of Console Gaming: Sexuality

34m ago - The Future of Video Games is a series that takes a look at the past of video games in order to ex... | Culture
Ad

Enter to Win a PS4 and More!

Now - We are buying one lucky N4Ger a PS4 just for commenting on any N4G story! | Promoted post
40°

Game Sales for April 19th, 2014

42m ago - Carl Williams writes, "Games on sale are a great way to grab good games at a great sale price and... | PC