Tencent Holdings buy from Sumo Digital for just over 1 billion euros or 1.27 billion dollars, the companies have confirmed and Reuters reports. Tencent is the technology giant with participations in Riot Games, Epic Games, Activision Blizzard or Ubisoft, in addition to owning numerous studios; A few days ago, the company’s interest in buying Crytek, creators of the trilogue, was published in Germany. Crysis and the CryEngine engine, although in this case it has not yet been officially communicated.
Sumo Digital encompasses numerous British studios and became especially popular for their speed games in developments for Sega, starting with OutRun 2, but they also created TOCA Race Driver 2, Virtua Tennis: World Tour, Race Driver 2006, Driver 76, Virtua Tennis 3, Sega Superstars Tennis, GTI Club +: Rally Cte d’Azur, Virtua Tennis 2009, Colin McRae: Dirt 2 O F1 2009 -in these last two cases, the versions for PSP and Wii-. With Sega they will launch another series of success, Sonic & Sega All-Stars Racing, which adapted Sega characters to vehicle racing; later they will arrive Sonic & All-Stars Racing Transformed Y Team Sonic Racing.
The company has stood out for its numerous collaborations with other publishers, including Microsoft and Sony. They worked on Forza Horizon 2 for Xbox One and LittleBigPlanet 3 for PS3 and PS4, supported the development of Disney Infinity 3.0, Hitman Y Hitman 2, they completed Crackdown 3 and the PS5 launch game Sackboy: A Big Adventure -which also made it to PS4-. His last title for Focus Home Interactive was Hood: Outlaws & Legends, a multiplayer set in a medieval fantasy.
Tencent already owned a small stake in Sumo Holdings
In our special dedicated to Tencent we review all the connections between Tencent and the developers or publishers of the industry, which include small studios and companies as important as 40% of Epic Games, creators of Fortnite and the Unreal Engine technology, or 5% of Ubisoft, Activision Blizzard or Paradox Interactive, among many others.
“The opportunity to work with Tencent is one we cannot miss”Sumo CEO Carl Cavers said in the statement. “Bringing a new dimension to Sumo and presenting opportunities to make our mark on this incredible industry in ways that were previously unattainable.” Sumo Digital hopes to use Tencent’s expertise and resources to accelerate growth, a move that it deems valuable for its shareholders and the future of the company.