Tencent acquires majority stake in Stunlock Studios (Battlerite)

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Tencent continues its relentless acquisition policy with Stunlock Studios, the Swedish game developer known for games such as Bloodline Champions, Dead Island: Epidemic and most recently Battlerite.

Yesterday a press release revealed that Tencent bought a majority stake in the company. Michelle Liu, CEO of Tencent Games Global, said:

We have known Stunlock for a long time and are very impressed with it. We continue to partner with the most talented development teams in the world to bring the best quality games to the industry.

Stunlock Studios CEO Rickard Frisegård added:

It is an honor to represent the largest game company in the world from the small town of Skövde, Sweden. Tencent’s new investment shows great confidence in us to deliver quality titles with our focus on gameplay first. It gives us the opportunity to realize our grand vision for V Rising, our current game in development, and help us in future ventures, and expand as a studio over the long term.

Just a few days ago, Bloomberg reported that Tencent may be planning to buy British developer Sumo Digital in a whopping $1.2 billion deal. Already wholly owned by Riot Games, Funcom, Sharkmob and Leyou, the Chinese giant also has majority stakes in Klei Entertainment, 10 Chambers Collective, Yager Development, Grinding Gear Games and minority stakes in Epic Games, Fatshark, Dontnod Entertainment, Kakao Games, Krafton. , Frontier Developments, Activision Blizzard, Ubisoft, Paradox Interactive, Remedy Entertainment, and Bohemia Interactive. They also announced a capital investment in PlatinumGames.

As for Stunlock Studios, the Swedish developer recently announced V rises, a vampire survival game in which you both cooperate and compete with other players. It retains the critically acclaimed battles of Battlerite and the camera from above, while introducing other elements such as a gothic open world, crafting, castle management and more. The closed beta starts later this year; you can sign up for this on this page.

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