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Tencent buys stake in Yooka-Laylee studio Playtonic
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eurogamer.netChinese tech conglomerate Tencent has bought a minority stake in Playtonic, the Derby-based developer behind Yooka-Laylee.
Playtonic has not disclosed how much of the company it had sold, but confirmed it still retained ownership of its IP.
The money will be spent on scaling up the business from its current single-team structure to multiple teams, hiring diverse talent, improving its office and exploring an expansion to other locations, Playtonic said.
There's an update too on Playtonic Friends,
Read more on eurogamer.netAbout this in other media
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21.11 / 16:13
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EA is "Not Certain" If It Will Move Forward With The FIFA Name
EA and FIFA have been going at it for a while. FIFA thinks it doesn't need the developer to leverage its name in the video game industry, and EA thinks it no longer needs the football federation's name to sell its yearly game. The result of this is that we might soon see a football game by the developer without FIFA in the name.
21.11 / 13:15
21.11 / 03:19
