Tencent To Acquire 29% Shares In Norwegian Game Developer And Publisher Funcom

Riot Games, Supercell, Frontier, Paradox, and Miniclip.

“We are very pleased to see Tencent come in as the largest shareholder of Funcom,” said Funcom CEO Rui Casais. “Tencent has a reputation for being a responsible long-term investor, and for its renowned operational capabilities in online games.The insight, experience, and knowledge that Tencent will bring is of great value to us and we look forward to working closely with them as we continue to develop great games and build a successful future for Funcom.”

Funcom is known for a variety of online games including Conan Exiles. The company has also recently obtained exclusive rights to develop and publish games based on the DUNE franchise and is currently working on a sandbox game set in the DUNE universe in cooperation with Legendary Entertainment.