Prime Video delighted fans by releasing a trailer for the anticipated fourth season of the cult series “The Boys.” In the new season, viewers can expect exciting developments...
Tencent Wants to Buy 1C Entertainment, Developer of King's Bounty and IL-2
Butcher79
Tencent is shopping again. This time, the Chinese, through their subsidiary, want to acquire 1C Entertainment, which players may associate primarily with its Cenega and Muve brands. The case should be examined by the Office for the Protection of Competition and Consumers, which deals with concentration issues on the Polish gaming market.
The Dutch company Proxima Beta Europe BV, a subsidiary of the Chinese Tencent , interested in acquiring a group 1C Entertainment . We learned about this case from the application on the UOKIK website for a notice of concentration filed on July 27, 2021. As part of the acquisition, Tencent is likely to take over all 1C-owned businesses, and it must be admitted that the company's portfolio is indeed interesting.
The list of the most important companies included in 1C includes the Polish game distribution giant, i.e. The price , and associated with These platform Move , which primarily sells games and accessories. They should also be joined by 1C Online Games - a publisher and manufacturer of games, as well as the company Qloc , specializing in programming services, testing and game search.
At this time, aside from an application filed with the Competition and Consumer Protection Authority, details of the potential deal have not been disclosed. We do not even know how much the purchase of 1C will cost and how the company will work after a possible takeover. Tencent itself is known for its constant expansion in the gaming market and investing a lot of money in other companies related to this segment. Suffice it to say that he is still one of the largest shareholders of Epic Games, as well as the owner of shares in companies such as Ubisoft, Riot Games and Funcom.
Was the article helpful?
