New studies say Chinese language juggernaut Tencent is eyeing a billion-dollar acquisition of a U.S.-based gaming firm. Who may it’s?
Sources inform TMT Finance that Tencent is elevating billions to purchase out a brand new recreation firm. Insiders consider Tencent may pressure a hostile takeover of Grand Theft Auto mum or dad firm Take-Two Interactive, or presumably make a deal to purchase out EA.
The extra doubtless state of affairs sees Tencent shopping for a South Korean developer, sources say. Targets embody NetMarble, South Korea’s largest cellular recreation maker, and Nexon, the developer behind Dungeon Fighter. Tencent is already the third largest shareholder in NetMarble with a 17.6% stake and will pressure a hostile takeover by buying extra stake within the firm. Tencent additionally has unique rights to publish Nexon’s Dungeon Fighter in China, exhibiting the enormous has current connections with each corporations.
Tencent has not confirmed the validity of those rumors nor have they delivered an announcement on the matter.