Tencent wants to buy a majority stake in Dying Light maker Techland

Chinese tech giant Tencent wants to buy a majority stake in Techland, the maker of the first Dead Island game and the Dying Light series. The two companies announced this on Monday. Techland will continue to own its own franchises after the acquisition.

Tencent is currently ‘in the process’ of becoming the studio’s majority shareholder, writes Techland CEO Pawel Marchewka in a blog post. According to Marchewka, Tencent’s investment should help “execute the vision” that Techland has for its games. “We will continue to own our IP fully, retain our creative freedom and continue to operate in the manner we believe is right,” Marchewka said. The top executive retains his position as CEO of the studio. It is not known what Tencent will pay for its intended majority stake.

In recent years, Tencent has bought shares in several game developers and publishers. The Chinese company has invested in or owns game makers such as Epic Games, Ubisoft, Activision Blizzard, Supercell, Paradox Interactive and more. Since last year, Tencent has also had a minority stake in Dark Souls and Elden Ring maker From Software.

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