The Chinese giant Tencent it seems that it is not yet tame, on the contrary it seems intent on increasing the operations of acquisition in the near future, with the western companies and in particular European as the main objective of this expansion.
According to Reuters, the company that already represents the largest giant in the world as regards the videogame market, intends to increase the “merger and acquisition” operations, or merger and acquisition, through the bulk purchase of new companies or the purchase of large stacks of shares in order to obtain a majority capable of guaranteeing the check on various companies.
In recent years we have already seen a significant expansion of Tencent at work, with the result of having already invested in more 800 companies: among these we find 40% achieved in Epic Games and various packages owned as regards other known labels such as Activision Blizzard, Ubisoft, Krafton, PlatinumGames, FromSoftware and Marvelous Inc.
Far fewer have been the total and block acquisitions of other companies: at the moment there is total ownership of Funcom, Riot Games, Sumo, Turtle Rock, Digital Extremes and Splash Damage, as regards the latest operations, but the idea is that Tencent intends to maintain a mixed approach, probably favoring the partial acquisition policy through shares.
The intention is in fact to reach positions of control on the boards of directors through these escalations, even gradual ones.
In particular, the expansion points to the West, with the idea of focusing on “innovative companies with talented teams”, a Tencent spokesperson told Reuters. “As far as video games are concerned, our strategy is to focus on developing our skills, especially in the international market.”
#Tencent #aiming #acquisitions #Western #companies