Tencent to Become Majority Shareholder in Dying Light Developer Techland - News

by William D'Angelo , posted on 01 August 2023 / 5,030 Views

Dying Light developer Techland announced it is being acquired by Tencent.

"Today I am happy to announce the partnership with Tencent who are in the process of becoming Techland's majority shareholder," reads a news post from Techland founder Pawel Marchewka.

"Teaming up with Tencent will allow us to move full speed ahead with the execution of the vision for our games. We have chosen an ally who has already partnered with some of the world's finest video game companies and helped them reach new heights while respecting their ways of doing things.

Tencent to Acquire Dying Light Developer Techland

"We will retain full ownership of our IPs, maintain creative freedom, and continue to operate the way we believe is right. I'm also going to continue serving as the studio’s CEO.

"I couldn't be happier about us making this giant step ahead toward the future and sharing this moment with you."

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 and taking over the hardware estimates in 2017. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel. You can contact the author on Twitter @TrunksWD.

7 Comments

venomcarnage (on 25 July 2023)

Alot of you people are gonna have to consider quitting gaming if you are gonna boycott. Companies that are either owned and invested by Tencent lol.

Ka-pi96 (on 25 July 2023)

Oh no! Haven't heard of Tencent doing anything bad yet, but the Chinese government being as it is you just can't trust Chinese companies!

Chazore (on 24 July 2023)

So how long till one of Tencent's Subsidiaries magically buys out Techland?, because so far they seem to just invest and use their subs to go buyout studios/properties (which I'm surprised no one in the legal dept has caught onto yet).

Ayla (on 24 July 2023)

Congratulations. Welcome to my list of China funded companies that are boycotted.

VAMatt Ayla (on 24 July 2023)

Tencent is not a Chinese SOE. So, it isn't China funded.

Jumpinbeans (on 24 July 2023)

Lol. Another company gobbled up by someone with deep pockets

“Today I am happy to announce the partnership with Tencent who are in the process of becoming Techland's majority shareholder," - TRUE
We will retain full ownership of our IPs - FALSE. Tencent will own them.
maintain creative freedom - UNLIKELY