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Tencent buy 1C Entertainment, makers of King’s BountyAlong with outsourcing specialists QLOC
Along with outsourcing specialists QLOC
This is the second company Tencent have bought this week, with them picking upInflexion Games, the makers of survival game Nightingale.
King’s Bounty II — AivarWatch on YouTube
King’s Bounty II — Aivar
As a consequence of the acquisition, 1C Entertainment will change its name within six months. That’s to reflect that it is no longer associated with its previous parent, 1C Company, who create business software and cloud computing products. No fee was announced for the acquisition.
I mostly know 1C for Men Of War, King’s Bounty, and several terrible press trips they took me on in the mid-00’s, but they employ over 400 people across several subsidiaries. Muve distribute games digitally across Europe as well as being an “internet retailer” of board games and merchandise. Cenega distribute games through central and eastern Europe, as well as merchandise. They also developed King’s Bounty 2, which wequite liked when it released last year.
1C Entertainment subsidiary QLOC feels like the biggest catch. They work with studios like EA, Capcom, Activision, Bandai Namco and CD Projekt Red and have contributed to games includingDevil May Cry,Dark SoulsRemastered, Mortal Kombat, andCyberpunk 2077.
The list of companies Tencent own gets longer and longer and includes Riot, Digital Extremes, Splash Damage, Klei, Funcom and minority stakes in Remedy, Bohemia, Dontnod and many more. Two months ago theybought Back 4 Blood developers Turtle Rock.
