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      • The Chinese tech giant Tencent will complete the acquisition through its subsidiary Image Frame Investment on December 23. According to Daniel Ahmad, Tencent will pay $1.5 billion for Leyou, which owns Warframe developers Digital Extremes, UK work-for-hire studio Splash Damage, and publisher Athlon Games.
      gameworldobserver.com › 2020/12/14 › tencent-acquire-leyou-1-5-billion

      Tencent to acquire Leyou for $1.5 billion | Game World Observer

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  3. en.wikipedia.org › wiki › LeyouLeyou - Wikipedia

    Under the US$1.5 billion agreement, Tencent fully acquired the firm through its subsidiary Image Frame Investment. A dispute between Tencent and Amazon during contract negotiations for the planned The Lord of the Rings game led Amazon to cancel the game's development in April 2021.

  4. gameworldobserver.com › 2020/12/14 › tencent-acquireTencent to acquire Leyou for $1.5 billion | Game World Observer

    Dec 14, 2020 · The Chinese tech giant Tencent will complete the acquisition through its subsidiary Image Frame Investment on December 23. According to Daniel Ahmad, Tencent will pay $1.5 billion for Leyou, which owns Warframe developers Digital Extremes, UK work-for-hire studio Splash Damage, and publisher Athlon Games. Athlon is currently working on a Lord ...

  5. www.gamesindustry.biz › leyou-shareholders-approveLeyou shareholders approve Tencent takeover | GamesIndustry.biz

    Dec 14, 2020 · Leyou Technologies Holdings is finally on course to be sold, as shareholders approved an acquisition by Chinese giant Tencent.

    • james.batchelor@gamesindustry.biz
    • Editor-In-Chief

  6. www.androidcentral.com › tencent-exclusive-talksTencent enters in exclusive talks to acquire Warframe parent ...

    Jul 10, 2020 · Today, holding company Leyou announced that it has entered into exclusive talks with megaconglomerate Tencent to be acquired. The announcement was made shortly after stock ceased trading.

  7. www.scmp.com › tech › policyWhy Tencent left its US$1.3 billion Leyou acquisition to wither

    Aug 22, 2021 · When Tencent Holdings beat the likes of Sony to buy Hong Kong-listed video games company Leyou Technologies last year, the acquisition was expected to further boost the internet giant’s vast ...

    • 2 min
    • Josh Ye

  8. wccftech.com › tencent-imminent-acquisition-leyouTencent Holdings Reportedly Close To Finalizing Acquisition ...

    Aug 24, 2020 · Chinese conglomerate Tencent Holdings is reportedly near reaching a final deal with Leyou Technologies and will be taking the firm private in a deal estimated to be valued at $1.3 billion ...

  9. www.gamedeveloper.com › game-platforms › tencentTencent officially acquires Splash Damage parent Leyou in $1. ...

    Dec 23, 2020 · The ink has dried on Tencent's acquisition of Leyou Technologies, meaning the Chinese video game and technology giant now owns Splash Damage, Digital Extremes, and a handful of other developers acquired by Leyou over the years.

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