Report: Tencent has “little interest” in most of Leyou’s operations
In December, Tencent emerged as the winner in the raffle to acquire Leyou Technologies, paying $ 1.3 billion for the publisher who owns the developer of Warframe Digital Extremes, among others. Eight months later, reports emerged that the former poultry supplier was floundering under his new management, which was largely carrying out only part of its business.
As reported by the South China Morning Post, Tencent’s acquisition of Leyou gave it a portion of Certain Affinity, co-developer of Halo and Call of Duty, 20% owned by Leyou. Tencent apparently had “little interest in Leyou’s other operations,” which could include the Lord of the Rings MMO he was working on alongside Amazon; this project was canceled in April.
“Many employees” from Leyou’s Beijing and Shanghai offices have left Leyou since the Tencent takeover, including the entire team of 200 people working on Civilization Online. Its CEO also left in April.
What all of this means for Warframe is uncertain, but it’s unlikely to be good. The SCMP said gambling “has become less profitable for the business since last year.” Fans can hope that the game and Digital Extremes will continue as they always have, and that if Tencent really loses interest, it will sell the division to someone else rather than other less enjoyable alternatives.
jason winter, News editor
Jason Winter is a veteran video game journalist, he brings extensive experience to MMOBomb, including two years at Beckett Media where he was editor of the leading video game magazine Massive Online Gamer. He has also written professionally for several gaming websites.