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Saturday October 12, 2024
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Tecent becomes major shareholder of Techland

Dying Light developers will retain IPs and freedom

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Techland have announced that Tecent has become the majority shareholder for the company. The CEO of Techland, Paweł Marchewka, revealed more on their website.

"Teaming up with Tencent will allow us to move full speed ahead with the execution of the vision for our games. We have chosen an ally who has already partnered with some of the world's finest video game companies and helped them reach new heights while respecting their ways of doing things," said the company in a statement.

Mr Marchewka also revealed he will remain on as CEO and that they will, "retain full ownership of our IPs, maintain creative freedom, and continue to operate the way we believe is right." They are still committed to Dying Light going forward, for both solo and online play.

Tecent is a Chinese multinational company that already has more than 50% ownership in several game companies, including Riot Games, Funcom, Fatshark, and Turtle Rock Studios. They also have significant ownership stakes in Epic Games, Don’t Nod, Bloober Team, and FromSoftware. Techland is a development studio that has worked on over 30 games, including the Call of Juarez games and, more recently, the Dying Light franchise.

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