About Rainier

PC gamer, WorthPlaying EIC, globe-trotting couch potato, patriot, '80s headbanger, movie watcher, music lover, foodie and man in black -- squirrel!

Advertising

As an Amazon Associate, we earn commission from qualifying purchases.





Tencent Holdings Acquires Wake Up Interactive And Its Subsidiaries, Developing Multiplayer Action Title

by Rainier on Nov. 16, 2021 @ 1:19 a.m. PST

Wake Up Interactive announced it has become a subsidiary of Tencent Holdings, with the transaction enabling it to shift toward developing its own high - quality games for global markets.

Since its 2017 founding, the Wake Up Group has provided planning and development of various games for consoles, PCs and smartphones for the global market, along with its wholly owned subsidiaries, Soleil Ltd. and Valhalla Game Studios Ltd.

The acquisition by Tencent, which operates a leading global platform for game development, publishing and operations, will strengthen Wake Up’s management base and accelerate investment in development of its own high - quality games and creation of new intellectual property to complement its existing core business of commissioned game development.

"Project EDO" (tentative title) is just getting underway as the first step in our new IP development scheme. This is an Multiplayer online action game that combines Soleil's greatest strengths such as "NINJA" and "exquisite action".

Wake Up Group will maintain its independence and management team after the transaction.

blog comments powered by Disqus