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Tencent becomes the majority shareholder of the Tequila Works Study

Tencent has reached an agreement to become the majority shareholder in Tequila Works.

The Spanish study, who had worked on titles such as Rime or The Sexy Brutale and who currently prepares Song of Nunu: A League of Legends Story with Riot Forge, will become part of the Great Chinese conglomerate, which has also added in 2022 Studies Inflection Games and 1C Entertainment.

The CEO of Tequila, Raúl Rubio, has explained that "for twelve years the Tequila Works teams have created with passion of high quality titles that radiated our personal sensitivity. But there is a limit as to what you can grow for yourself."

Luz Sancho, Studio Manager, added that "we are happy to find ourselves with a partner that allows us to do of Tequila Works a stronger study, with access to all the necessary resources to produce higher quality titles, everything made with the same affection And the passion for what our dear community knows us, while we will achieve these projects to a growing audience. "

What is Tencent? | CNBC Explains

The amount that has been paid has not been specified, but that investment will be intended to grow tequila Works and develop new original IPS.

Tequila joins a long list of studies and companies owned by Tencent, including Riot Games, Sumo Group, Turtle Rock Studios, Sharkmob, Funcha, Wake Up Interactive, Athlon Games, Digital Extremes or Splash Damage. In addition, the Chinese giant also has shares in companies such as Activision Blizzard, Ubisoft, Supercell, Roblox, Epic Games, NetMark, Paradox Interactive, Remedy Entertainment, Dontnod Entertainment, Bloober Team or Playtonic Games.

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