Tencent Acquires Soleil and Valhalla Parent Company Wake Up Interactive - News
by William D'Angelo , posted on 15 November 2021 / 1,485 Views
Tencent Holdings announced it has acquired Soleil and Valhalla Game Studios parent company Wake Up Interactive.
The acquisition will help Wake Up Interactive enable it to develop its own high-quality games for worldwide markets. Soleil is developing Project EDO (tentative title), a multiplayer online action game.
Read the press release below:
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, a world leading internet and technology company, 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.”
A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012. In 2017, he took over the VGChartz hardware estimates. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel dedicated to gaming Let's Plays. You can contact the author at wdangelo@vgchartz.com or on Twitter @TrunksWD.
