Turtle Rock and Tencent say acquisition won’t affect Back 4 Blood Chinese tech giant Tencent, which already owns League of Legends developer Riot Games, Supercell, and Funcom, and has stakes in Epic Games, Activision Blizzard, and Ubisoft, is buying Turtle Rock Studios, the developer of Back 4 Blood and Evolve.
Tencent’s growth in global investments also helps mitigate another problem facing the tech giant: increased scrutiny and regulation from Chinese authorities.
Turtle Rock’s acquisition by Tencent “will have no effect on Back 4 Blood,” the Left 4 Dead spiritual sequel that launched in October.
A report from Niko Partners says that Tencent is facing increasing competition from other tech companies, and also hopes to capitalize on big hits from smaller game studios.