Remedy Partners With Tencent For Multiplayer Game Codnamed Vanguard

Remedy Games’ recent deal with Epic Games hasn’t stopped it from moving on to other parts of the industry. Remedy Games revealed to investors in a communications that it has a partnership with Tencent regarding a worldwide license, development and distribution agreement for Vanguard, a cooperative multiplayer online game.

Vanguard is said to be a free-to-play, co-op, PvE shooter that’s an IP owned by Remedy and will combine “Remedy’s narrative expertise and action gameplay into an immersive multiplayer experience.” The deal will apparently have Tencent localize and publish the game for “selected Asian markets,” while Remedy will handle development and distribution globally in other territories. It also allows Tencent the license to create a mobile version that the two entities have “agreed on a separate revenue sharing scheme for.

The statement of Tero Virtala, CEO at Remedy Entertainment about the partnership is here:

“Vanguard marks Remedy’s first entry into Games-as-a-Service business model, executed by our top tier team of free-to-play experts. We are building something new and exciting for co-operative multiplayer space, on top of Remedy’s strengths. Our next steps in company development are to increase our ability to assume publishing responsibilities. We are excited for this long-term partnership with Tencent and with confidence can say that it is an excellent fit in supporting Vanguard’s ambitious plans. Vanguard has a great global opportunity. Tencent can help Remedy worldwide and also lead operations in Asia, the mobile markets, and other regions.

We don’t know much else about Vanguard other than it’s being developed for consoles and PC using the Unreal Engine. You can read the full announcement on Remedy’s investor site here, and after that, read about its current deal with 505 Games, which includes another multiplayer game set in the Control universe. Remedy is further explored in the Alan Wake 2 trailer, which The Game Awards released earlier this month.