Tencent acquires Polish game developer 1C Entertainment

Recently, Tencent acquired another game developer, 1C Entertainment from Poland. According to Wccftech, the relevant terms were finalized in November 2021. Tencent will acquire a majority stake in 1C Entertainment, and after the transaction is completed, 1C Entertainment will change its name within six months.
Tecent 1C Entertainment

1C Entertainment management board member Tomasz Nieszporski stated:

We are truly excited by this deal. It is an amazing opportunity for 1C Entertainment to achieve our wildest dreams and aspirations in the video games business. Our vision and passion will be now backed by a leading global games company, and I am humbled by the unique chance of working together with Tencent and the other top creative minds that are part of its global ecosystem.

Tencent Games Global Chief Technology Officer Li Shen added:

We couldn’t be more pleased to work with the talented team at 1C Entertainment, supporting them as they embark on a new phase of growth.

1C Entertainment may not be a big company in the game industry, but it has been in business for many years. It has also produced some well-known games, such as King’s Bounty, Men of War, and IL-2 Sturmovik. In addition, 1C Entertainment also owns QLOC, a joint development, testing, and re-enactment studio that has participated in Cyberpunk 2077, and a localization company known for its work on hits such as Devil May Cry, Dark Souls Remastered, Mortal Kombat, Cyberpunk 2077, and Hellblade: Senua’s Sacrifice.

Tencent is now the world’s largest video game company and has fully owned Riot Games, Funcom, Sharkmob, Leyou, Inflexion Games, Turtle Rock Studios, Wake Up Interactive, Kakao Games, and more…