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With Back 4 Blood to be a “long-standing franchise”

Chinese game developer-gobbler Tencent have acquired Slamfire, the parent company ofBack 4 Blooddevelopers Turtle Rock Studios. In astatement about the acquisition, Turtle Rock say that “the Back 4 Blood franchise is here to stay and we will be working on it well into the future.”
“We are growing our team to support Back 4 Blood and develop new exciting multiplayer experiences. We will continue to transparently communicate with you all, provide updates on all our progress through our Trello board and expand upon what makes Back 4 Blood so special. Additionally, we get to do something we have never done before as a studio: turn a universe we created into a true long-standing AAA franchise.”
Back 4 Blood Gameplay and Impressions | Better Than Left 4 DeadWatch on YouTube
Back 4 Blood Gameplay and Impressions | Better Than Left 4 Dead

Tencent have a reputation for buying studios and then leaving them to operate relatively independently. Earlier this yearImogen ran down the list of studios in which Tencent own a share, and the list is long.