Yager receives strategic investment from Tencent

Spec Ops: The Line developer retains fulls independence following Tencent deal

Spec Ops: The Line developer Yager has received a strategic investment from gaming monolith Tencent.

Tencent has invested an undisclosed sum in the Berlin-based developer, which will retain its full independence.

Founded 20 years ago, Yager boasts around 110 staff, and recently moved into self-publishing; the capital from this deal will see Yager strengthen its development and publishing opportunities, including a number of unannounced projects.

Yager attracted critical acclaim in 2012 with its subversive military shooter Spec Ops: The Line. However, the game was a commercial flop, and publisher Take-Two said it failed to meet sales expectations.

Since then Yager has remained relatively quiet, shifting away from narrative-focused single-player games into the realm of live service, such as 2017 space combat sim Dreadnaught, and the upcoming shooter The Cycle.

"Tencent is not only the world's leading games company but also a prolific investor with a stellar track record," said Yager CEO Timo Ulmann. "We're humbled to join the line-up of Tencent partners which reads like a games industry Who's Who.

"We're confident that this will greatly enhance the scope of our business, not just by getting access to Tencent's network and resources but by tapping the vast industry know-how Tencent possesses."

More stories

PUBG Mobile has made over $3 billion in lifetime revenue

Sensor Tower: It's brought it over $1.3 billion in 2020 alone

By Rebekah Valentine

Tencent starts US studio to make AAA games for next-gen consoles

Led by Rockstar veteran Steve Martin, LightSpeed LA will debut with an open world game for PS5 and Xbox Series X

By Matthew Handrahan

Latest comments

Sign in to contribute

Need an account? Register now.