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: GamePolitics.com

Tencent Takes Majority Stake in League of Legends Developers

By james_fudge

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On late Friday, China-based Tencent Holdings announced that it had acquired a majority stake in Riot Games, makers of League of Legends - a DOTA-style online multiplayer game. Riot Games CEO Brandon Beck talked to Gamasutra about the deal extensively, revealing what his company expects to happen under the auspices of the Chinese company known for its diversified operations including instant messaging services, social networking, and online games. According to some reports, in 2010 Tencent held a 20 percent market share in the online games space. Read More

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Full post as published by GamePolitics.com on February 07, 2011 (boomark / email).

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