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Tencent acquires majority stake in Don't Starve developer Klei Entertainment

Klei Entertainment, the programmer best known for the indie survival striking Don't Starve, has heeded a lot of offers over the years from publishers looking to invest. However, on Friday founder Jamie Cheng announced information technology finally found one in Tencent, the Chinese multimedia conglomerate.

In a forum post, Cheng — under his handle Bigfoot — announced that Tencent had caused a bulk stake in the company, merely that Klei would be retaining "full autonomy of creative and operations across all aspects of the studio."

The two companies have a history. Klei previously worked with Tencent to distribute Don't Starve Together, the co-op version of the survival game, in China. The game launched on the WeGame platform. They likewise worked together to distribute Don't Starve: Newhome on mobile.

Cheng stresses that goose egg will alter from a consumer standpoint. The reason he gives for the bargain is that Tencent would allow Klei to work with a certain level of control.

"We've been working with Tencent for years and fifty-fifty at points where we disagreed, they were always willing to work with u.s.a. to find the all-time solution for everybody involved and defer to the states when we felt strongly," he wrote.

He likewise noted that Klei volition still maintain command over all IP. "Tencent has shown existent respect to us and consistently deferred to us in what and how to present our work," he added.

Tencent is a huge proper name in gaming, particularly in China. Information technology has investments in a lot of studios, including Riot, Funcom, Activision-Blizzard, Epic Games, Paradox Interactve, PlatinumGames, and more. On its own, it'due south probably all-time known for WeGame, a gaming platform in Red china, and WeChat, a popular messaging app. It'southward a conglomerate besides with stakes in movies, Tv set, streaming, e-commerce, and more than.

However, few of these gaming deals are bulk stakes, which makes the Klei deal so unique (although it does fully own Anarchism Games and a few others). Information technology's unclear from the mail service, though, how much of a stake Tencent officially has.

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Source: https://www.windowscentral.com/tencent-acquires-majority-stake-dont-starve-developer-klei-entertainment

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