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+--- Thread: News - Tencent grabs ‘major stake’ in GTFO developer 10 Chambers (/thread-97562.html)
News - Tencent grabs ‘major stake’ in GTFO developer 10 Chambers - xSicKxBot - 10-03-2020
Tencent grabs ‘major stake’ in GTFO developer 10 Chambers
<div style="margin: 5px 5% 10px 5%;"><img src="https://www.sickgaming.net/blog/wp-content/uploads/2020/10/tencent-grabs-major-stake-in-gtfo-developer-10-chambers.jpg" width="200" height="200" title="" alt="" /></div><div><p>Tencent has acquired a “major stake” in<em> GTFO</em> developer 10 Chambers. The studio <a href="https://twitter.com/TenChambers/status/1311575184504225792">broke the news on Twitter</a>, and said the investment will add “more muscle” to its development capabilities that will “allow it to reach new heights in the co-op FPS genre.”</p>
<p>“Since we embarked on our <em>GTFO </em>journey, almost six years ago, we’ve realized that our long-term vision for our studio and what we want to accomplish in the co-op FPS genre, is even more ambitious than we thought back in 2015,” wrote the studio. </p>
<p>“To reach the heights we want to, we need to add more muscle. We’ve been in search of a partner, and we found Tencent, which has now acquired a major stake in 10 Chambers. They give us the creative freedom to reach new heights in the co-op FPS genre, and they support our long-term commitment to <em>GTFO</em> and its community. </p>
<p>“Nothing changes with <em>GTFO</em>, and we’re still here, right now hard at work on the next major<em> GTFO </em>update, Rundown #004.”</p>
<p>Tencent has a rich history of investing in video game companies, and has sunk cash into major players including <em>League of Legends</em> maker Riot Games, <em>Clash of Clans</em> developer Supercell, and<em> Fortnite</em> creator Epic Games. </p>
<p>It also develops titles in-house, finding success with its multiplayer online battler<em> Honor of Kings</em> (known as <em>Arena of Valor</em> outside of China), and has worked with companies including Activision Blizzard and Bluehole to launch titles like<em> Call of Duty Online</em> and<em> PlayerUnknown’s Battlegrounds</em> in China.</p>
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https://www.sickgaming.net/blog/2020/10/01/tencent-grabs-major-stake-in-gtfo-developer-10-chambers/