Tencent is reportedly planning to take over Crytek in a deal worth more than €300million.As reported in German tabloid newspaper Bild and journalist Julian Röpcke, Tencent wants to buy the German game and software developer via a European subsidiary.Tencent had previously used its subsidiary Proxima Beta Europe BV to acquire a 22 per cent stake in French developer Dontnod Entertainment earlier this year.Crytek is known for the first instalment of Far Cry, the Crysis series, as well as online multiplayer shooter Hunt: Showdown.
These games also run on the developer’s own CryEngine, which has been licensed out to other developers.The report however notes that CryEngine is also used by the US and German armed forces for military simulation.
Read more on nme.com
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