Chinese mega-corporation Tencent is buying Conan Exiles developer Funcom
Chinese mega corporation Tencent is taking over videogames. Tencent already wholly owns League of Legends developer Riot Games, and has big stakes in companies like Epic, Supercell, Ubisoft, Paradox and Frontier. Last year, they acquired a 29% stake in Secret World and Conan Exiles developer Funcom. Now, they’re buying the rest of it. Tencent announced a voluntary cash offer on the remaining Funcom stock.