Tencent, a technology and entertainment conglomerate, agreed to acquire a majority stake in Techland, a distributor of software. Financial terms were not disclosed. "Teaming up with Tencent will allow us to move full speed ahead with the execution of the vision for our games. We have chosen an ally who has already partnered with some of the world's finest video game companies and helped them reach new heights while respecting their ways of doing things," Pawel Marchewka, Techland CEO.