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News - Bluehole to acquire mobile dev Delusion Studio

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Bluehole to acquire mobile dev Delusion Studio

<div style="margin: 5px 5% 10px 5%;"><img src="http://www.sickgaming.net/blog/wp-content/uploads/2018/06/bluehole-to-acquire-mobile-dev-delusion-studio.jpg" width="200" height="200" title="" alt="" /></div><div><p><strong>Newsbrief:</strong> According to the South Korean news publication <a href="http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=3049658">Korea Joongang Daily,</a> PUBG Corp parent company Bluehole is set to acquire the mobile game developer Delusion Studio.</p>
<p>Also based out of South Korea, Delusion Studio is known for creating mobile games like <em>Castle Burn</em> and <em>Guardian Stone. </em>Though Korea Joongang Daily notes that Bluehole announced the acquisition plans earlier this week, the exact terms of the deal were not disclosed.</p>
<p>The acquisition itself comes as reports circulate that Tencent has been <a href="https://www.gamasutra.com/view/news/317307/Report_Tencent_could_sink_470M_into_Battlegrounds_dev_Bluehole.php">eyeing ways to increase its stake in Bluehole</a>. The Chinese company is reportedly considering a $470 million investment that would bring its ownership of Bluehole up to 11.5 percent, making it the second largest Bluehole shareholder in the process. </p>
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