Tencent buys 36% of Vermintide developer Fatshark

Chinese media giant Tencent has taken on another gaming investment, and has picked up a minority stake in Fatshark, the Swedish developer best known for the Warhammer: Vermintide games. Fatshark’s CEO says the company aims to stay independent in the wake of today’s news that Tencent has picked up 36% of the company. The deal is worth 500 million Swedish kronor according to DI Digital, or just over $56 million USD. “We are excited to announce that Tencent has chosen to invest in Fatshark,” CEO Martin Wahlund says in a statement to GamesIndustry.biz. “Tencent is known for investing in market leading top rated companies. With the investment, Fatshark is in a strong position to continue to grow while staying independent. Our unaltered mission will be to bring high quality games to our fans around the globe.” Fatshark joins a long list of developers big and small with investments from Tencent. The company picked up a 5% share of Ubisoft last year, owns 40% of Fortnite and Unreal makers Epic Games, and wholly owns League of Legends developer Riot.

from PCGamesN http://bit.ly/2SH2ovL