Chinese technology giant Tencent has bought an approximately $8.6bn, 51% stake in Finnish mobile games developer Supercell, the creator of the hit games Brawl Stars and Clash of Clans. The remaining 49% of Supercell will be held by employees. Although Supercell will continue to operate independently and keep its Helsinki HQ, the acquisition is expected to offer the company significant financial resources and access to Tencent’s vast network. For Tencent, the deal strengthens its position in the gaming industry, increasing its portfolio of mobile games with Supercell’s operation, which has a combined daily user base of over 100 million players.
Tencent Acquires Major Stake in Brawl Stars Developer Supercell
Chinese technology giant Tencent has acquired a major stake in Supercell, the Finnish developer behind hit mobile games such as Brawl Stars and Clash of Clans.
The Deal
Tencent paid approximately $8.6 billion for a 51% stake in Supercell. The remaining 49% will be held by Supercell’s employees.
The Impact on Supercell
Supercell will reportedly continue to operate independently and will maintain its headquarters in Helsinki. However, the acquisition will likely provide the company with a significant financial boost and access to Tencent’s extensive network and resources. Supercell’s CEO, Ilkka Paananen, stated that the deal will enable the company to “focus on just making great games.”
The Impact on Tencent
The acquisition is another strategic move for Tencent, which has been increasing its presence in the gaming industry in recent years. Supercell’s popular titles, which have a combined daily user base of over 100 million players, will expand Tencent’s already extensive portfolio of mobile games.
The Future of Supercell
Supercell’s future plans include the development of new games and the expansion of its existing titles. The company’s latest game, Brawl Stars, has been a huge success since its release in 2018 and has already generated over $1 billion in revenue. With Tencent’s support, Supercell will have the resources to continue creating innovative and engaging games for its large and dedicated fan base.
The Future of Tencent
Tencent’s continued expansion in the gaming industry has positioned the company as a major player. The acquisition of Supercell will undoubtedly contribute to the company’s already impressive financial success. Additionally, Tencent’s growing presence in the global gaming market will likely lead to further acquisitions and partnerships in the future.
Conclusion
The acquisition of Supercell by Tencent represents a major event in the gaming industry. With Supercell’s successful track record and Tencent’s financial resources and extensive network, the future of mobile gaming looks bright.