Tencent has announced the acquisition of Leyou, parent company of Digital Extremes and Splash Damage, for $1.5 billion. Digital Extremes, the developers behind the Warframe series, has confirmed that nothing will change following the Tecent acquisition. Tecent had previously announced that they had obtained the rights to negotiate exclusively with Leyou over an acquisition.
Here’s what Richard Jolly, CEO of Splash Damage, had to say:
We’ve always been dedicated to creating team-based games that spark friendships and build passionate communities, and we strive to work with partners who believe in that mission.
In our many discussions with Tencent, it became clear that they not only believe in that mission but will do everything they can to enable and empower us to realise it.
This is going to be a bold new phase for our studio, with an amazing line-up of ambitious games that deliver on what Splash Damage is all about. We couldn’t be more excited.