Tencent completed the acquisition of a majority stake in Tequila Works.

Tencent, a holding company, completed the acquisition of a majority stake in Tequila Works, an operator of a boutique gaming studio. Financial terms were not disclosed. “We are delighted to ally with a partner that allows us to make Tequila Works a stronger studio with access to all the resources required to produce titles of the highest quality, all made with the care and passion our beloved fans know us for as well as the opportunity of bringing these projects to a wider audience," Luz Sancho, Tequila Works Chairwoman.