Back 4 Blood Developer Turtle Rock Studios Acquired by Tencent

Tencent is making another big game development acquisition with the purchase of Turtle Rock Studios’ parent company Slamfire, Inc, which includes Turtle Rock in the deal.

The following press release has been shared with Game Informer, the Left 4 Dead and Evolve developers will remain an independent operation at its current Lake Forest, California office. It was also noted that despite the studio’s most recent release Back 4 Blood, which was published by Warner Bros. Games, the game and its continued development will not be affected. 

Steve Goldstein, president and general manager of Turtle Rock, had this to say about the acquisition, “Tencent’s outstanding partners, global reach, deep knowledge of gaming and unprecedented support will help us create the kinds of ambitious games we dream of, while allowing us to retain our autonomy and independent spirit.”

Tencent, a Chinese multinational holdings company, has investments throughout the video gaming industry. Tencent also owns shares in these companies.

Riot Games
Epic Games
Ubisoft
Activision Blizzard
Paradox Interactive
Sumo Group
Remedy Entertainment
Roblox Corporation
Bloober Team
Funcom
Dontnod Entertainment
Marvelous
Klei Entertainment

Many more. These names range from 100% ownership for Riot Games, to just a small percentage like Tencent’s 5% stake in Ubisoft. Tencent’s latest acquisition of Turtle Rock & Slamfire will allow it to expand its gaming platform with veteran talent.

At the time of writing this story, Turtle Rock did not disclose a sale price or any information about any future games it might be developing beyond its current Back 4 Blood responsibilities.

What would you like to see from Tencent’s purchase of Turtle Rock Studios? Comment below!