Chinese tech titan Tencent has acquired a majority stake in Poland’s premier game studio, Techland, in what is possibly the country’s largest merger and acquisition to date. Although the exact amount paid remains undisclosed, Techland’s recent valuation was approximately €2 billion. Tencent’s acquisition doesn’t affect Techland’s operational autonomy, creative freedom, or intellectual property ownership. Established in 1991 by Paweł Marchewka, Techland transitioned from a small IT firm into a leading game development studio. The globally acclaimed game “Dying Light” and its successful sequel, released by Techland, have sold over 20 million copies worldwide, placing Marchewka in the top five wealthiest individuals in Poland, per Forbes’ ranking. Tencent, valued at over €400 billion, holds investments in various sectors, including video and music streaming, e-commerce, gaming, and messaging apps. Its gaming portfolio includes Riot Games, creators of “League of Legends”, one of the highest grossing games ever.
Source: polskieradio.pl
