Tencent acquires majority stake in Don’t Starve studio Klei Entertainment

Klei says it will hold ‘full self-sufficiency of innovative and tasks across all parts of the studio.’

Canadian studio Klei Entertainment, the engineer of outside the box hits including Mark of the Ninja, Don’t Starve, Oxygen Not Included, and Griftlands, is independent no more. The studio declared today that Chinese gaming goliath Tencent has procured a lion’s share stage in the organization, an arrangement that author Jaime “Bigfoot” Cheng said “causes us explore an evolving industry, and encourages us center around what we excel at: making exceptional encounters that nobody else can.”

“As a feature of this understanding, Klei holds full self-rule of inventive and tasks across all parts of the studio, including ventures, ability, and that’s only the tip of the iceberg,” Cheng said on the Klei discussions. “There are some exhausting bookkeeping changes that we should acclimate to. Other than that, I will keep running the studio as in the past, without any progressions to staffing, projects or different activities.”

Tencent is China’s biggest tech combination, and a game industry force to be reckoned with: It possesses League of Legends studio Riot Games altogether, holds a 40 percent stake in Epic Games, and has more modest stakes in Activision, Ubisoft, Paradox Interacitve, Frontier Developments, Funcom, Fatshark, and numerous others. It put resources into 31 gaming organizations in 2020, and keeping in mind that many were situated in China the moves gave the organization power over various studios that will be natural to Western gamers. It procured Leyou Technology for $1.5 billion in August 2020, for example, which claims Warframe designer Digital Extremes and Gears Tactics studio Splash Damage, among others. The arrangement implies that they are presently totally possessed by Tencent.

In spite of its huge size, Cheng said that “Tencent is the lone organization that we felt would allow us to hold the degree of control that we request.” He additionally noticed that Klei has recently worked with Tencent on the entirety of its game deliveries in China since Don’t Starve Together in 2016.

“Major parts in China make up an enormous extent of the players of our games, and we have been supporting them close by our North American activity for quite a while,” he said. “We don’t anticipate critical operational changes for China or elsewhere on the planet, however we do expect that this organization will assist us with bettering help our major parts in China.”

A September 2020 report said that subsequent to prohibiting the WeChat application, the US government was thinking about comparable activity against Tencent. In January, nonetheless, Reuters revealed that the arrangement, which additionally included Alibaba and Baidu, had been required to be postponed. Klei’s most recent game, the deck-building roguelite Griftlands, is currently in Early Access on Steam and expected to go into full delivery in the not so distant future.