Sections

Tencent takes majority stake in Stunlock Studios

Gaming giant increases investment in Battlerite Royale developer

Tencent today has announced it has taken a majority stake in Swedish game developer Stunlock Studios.

The studio will continue creating games with no change to its business structure, while receiving Tencent's strategic support.

Founded in Skövde in 2010, Stunlock Studios has developed titles such as Bloodline Champions, Dead Island: Epidemic, and most recently Battlerite Royale.

The companies began their partnership in 2016 with the release of Battlerite in China.

Tencent held a minority stake in the developer since 2019.

"It's an honor to represent the biggest game company in the world from the small town of Skövde, Sweden," said Stunlock Studios CEO Rickard Frisegård.

"Tencent's new investment shows a great deal of trust in us delivering quality titles with our focus on gameplay first."

More stories

Call of Duty QA workers vote to unionize

78% of Raven Software testers vote to form union, ask Activision Blizzard to voluntarily recognize a group of 34 members

By Brendan Sinclair

How do you learn from failures that succeed? | This Week in Business

Lego Star Wars is a complicated build, ex-BioWare developers dispel the notion of BioWare Magic, and we sift through the chatter around Microsoft's Activision Blizzard deal

By Brendan Sinclair

Latest comments

Sign in to contribute

Need an account? Register now.