• Tencent Makes $1.3 Billion USD Bid to Acquire 'Forza' and 'Hitman' Owner Sumo Group

    2 monthes ago - By Hypebeast

    Chinese tech and gaming giant Tencent has now made a $1.3 billion USD bid to acquire Sumo Group. The British company was founded in England back in 2003 and has since expanded to own more than 10 studios, boasting an inventory of games including Forza Motorsport 7 , Hitman 2 , Team Sonic Racing , Crackdown 3 and L ittle Big Planet 3. The pending acquisition forms part of Tencent's continuous expansion into the gaming industry through acquisitions and purchasing stakes in other developers. The Chinese firm currently owns 100 percent of League of Legends developer Riot Games , 40 percent of...
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