Announced
Financials
Sources
Tags
game developer
Minority
France
Private
Acquisition
Gaming
Friendly
Single Bidder
Cross Border
Pending
Private Equity
Synopsis
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.
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