Video game developers will always try to stay independent for as long as possible. Yet, Tencent has been on an investing spree as of late. Buying up more and more stock and companies, the conglomerate comprises many of the industries best. Ranging from Riot Games to Epic, their investment is a massive part of their success. Yet, while the company may be best known for these types of games, they’ve been able to capitalize on League of Legends’ global popularity. Following in the footsteps of other developers, Riot Games built a shared universe. Employing other developers to create side games, the vision for an even bigger future was always there. One of these studios was Tequila Works, best known for RIME. Now that the release year is in sight, Tencent is making sure to hold onto Tequila Works talent. In a new announcement, Tencent now acquired a majority stake in Tequila Works.
Tequila Works welcomes Tencent as a majority investor.https://t.co/AZSv8o3T24
— Tequila Works | Song of Nunu ❄️ (@TequilaWorks) March 15, 2022
What Will Tequila Works Create After Tencent’s Majority Stakeholder Purchase?
While the title Tequila Works has made for Tencent has yet to release, the studio has made lasting impressions. Transforming the icy League of Legends world into something brand new is captivating. Similar to Airship Syndicate’s Ruined King title last year, the side game allows players to explore and interact with the lore. Seeing how players enjoy the deep parts of League of Legends lore, games dedicated to that end is perfect. With Tequila Works being able to work full time on new IPs, there’s certainly a future for them outside of League of Legends. Yet, while Tencent does make investments into new studios, they also like to hold their assets tight. Whether this means there will be another League of Legends side game soon, Tequila Works certainly has the right aptitude for it.
So what do you think about Tencent acquiring a majority stake in Tequila Works? Let us know in the comments down below!
