.
MergerLinks Header Logo

New Deal


Announced

Tencent completed an investment in Voodoo at a $1.4bn valuation.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

game developer

Minority

France

Private

Acquisition

Gaming

Friendly

Single Bidder

Cross Border

Pending

Private Equity

Synopsis

Edit

Tencent, a Chinese multinational conglomerate, completed an investment in Voodoo, a French video game developer and publisher based in Paris, at a $1.4bn valuation. "We are thrilled to welcome Tencent, a company we admire for its leading game and consumer mobile apps. We look forward to developing new products together for the Asian market, and publishing games created by the many talented games studios in the region," Alexandre Yazdi, Voodoo CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US