Tencent invests in Spec Ops dev studio Yager

Tencent spreads its gaming billions into Spec Ops: The Line developer Yager Development, helping the studio's new efforts.

Published Mon, Feb 10 2020 12:43 PM CST   |   Updated Sat, Aug 8 2020 10:29 AM CDT

Tencent buys a minority stake in German game studio Yager to help fund its upcoming efforts.

Tencent invests in Spec Ops dev studio Yager | TweakTown.com

Billion-dollar gaming titan Tencent is keen on grabbing up small pieces of pretty much every independent game studio, and now it's spreading the wealth to assist Spec Ops: The Line developer Yager. The Berlin-based studio plans to use this cash injection to bolster its self-publishing efforts and create a more stable foundation for new projects like The Cycle, an online service-based FPS game.

Yager says it currently has multiple projects in the works, including another major unannounced game outside of The Cycle. With Tencent's backing, Yager will be able to retain both the IP and publishing rights to its games and be in full control of its own destiny, similar to PlatinumGames and Bungie.

"Tencent is not only the world's leading games company but also a prolific investor with a stellar track record. We're humbled to join the line-up of Tencent partners, which reads like a games industry Who's Who," said YAGER CEO Timo Ullmann.

"We're confident that this will greatly enhance the scope of our business, not just by getting access to Tencent's network and resources, but by tapping the vast industry know-how Tencent possesses."

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NEWS SOURCE:gamasutra.com

Derek is absorbed with the intersection of technology and gaming, and is always looking forward to new advancements. With over six years in games journalism under his belt, Derek aims to further engage the gaming sector while taking a peek under the tech that powers it. He hopes to one day explore the stars in No Man's Sky with the magic of VR.

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