Announced
Completed
Financials
Tags
Cross Border
Acquisition
Friendly
Majority
Public
Single Bidder
Gaming
video game developer
United Kingdom
Completed
Synopsis
Tencent Holdings, a holding company, completed the acquisition of Sumo Group, a video game software, for $1.27bn. The purchase, which will boost the Chinese internet giant's presence globally, brings together Sumo's racing and snooker games with Tencent's more high-profile range of games that includes Call of Duty's mobile version.
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