Tencent acquires Japanese studio Wake Up for $44 million

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Tencent has acquired Japanese recreation firm Wake Up Interactive for $44 million, in response to a report from Bloomberg.

Wake Up is the dad or mum firm of Satan’s Third developer Valhalla Recreation Studios and Soleil Ltd, the latter of which has labored on titles together with Ninjala, Samurai Jack: Battle By way of Time, and Travis Strikes Once more: No Extra Heroes.

Sources accustomed to the deal instructed Bloomberg that Tencent has grabbed a 90 p.c stake in Wake Up and accomplished the deal in September.

Tencent was reportedly eager on the acquisition due to Soleil’s document of making high quality motion titles for console, PC, and cell platforms.

The information comes shortly after Tencent acquired a 6.86 p.c stake in From Software program dad or mum firm Kadokawa.

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