Tencent becomes majority shareholder of Tequila Works studio

Tencent has reached an agreement to become the majority shareholder of Tequila Works.

The Spanish studio, which has notably worked on titles such as RiME or The Sexy Brutale and which is currently preparing Song of Nunu: A League of Legends Story with Riot Forge, will join the large Chinese conglomerate, which also ended in 2022. and 1C entertainment studios.

Tequila CEO Raúl Rubio explained that “For twelve years, the teams at Tequila Works have passionately created high-quality titles that radiate our personal sensibilities. But there is a limit to what you can develop on your own. -same”.

Luz Sancho, director of the study, added that “we are fascinated by aliarnos with a partner that allows us to make Tequila Works a more solid study, with access to all the resources necessary to produce higher quality titles, the all done with the same love and passion for what our beloved community knows us, when we manage to bring these projects to an audience every time.”

The amount that will be paid is not specified, but this investment will be intended to grow Tequila Works and develop new original IPs.

Tequila is part of a long list of studios and companies belonging to Tencent, including Riot Games, Sumo Group, Turtle Rock Studios, Sharkmob, Funcom, Wake Up Interactive, Athlon Games, Digital Extremes or Splash Damage. In addition, the Chinese giant also poses in companies such as Activision Blizzard, Ubisoft, Supercell, Roblox, Epic Games, Netmarble, Paradox Interactive, Remedy Entertainment, Dontnod Entertainment, Bloober Team or Playtonic Games.


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