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Tencent acquires British developer Sumo for 1.3 billion…


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Sumo group includes Sumo digital and a bunch of other studios.

 

https://www.reuters.com/world/uk/tencent-buy-british-video-game-company-sumo-13-bln-deal-2021-07-19/

 

Quote


China's Tencent (0700.HK) will buy British videogame developer Sumo (SUMO.L) in a $1.27 billion deal, it said on Monday, adding new titles to its growing portfolio of chart-topping videogames.

The purchase, which will boost the Chinese internet giant's presence globally, brings together Sumo's racing and snooker games with Tencent's more high-profile range of games that includes Call of Duty's mobile version.

 

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