General Gaming News

Tencent invests in Spec Ops: The Line developer, Yager Development

Yager Development

Yager Development, the developer of the cerebral and traumatizing Spec Ops: The Line has entered into a partnership with Chinese firm Tencent. Per a report from Venture Beat, the two companies will now pool their resources, but Yager will remain largely independent. I know many fans will be wondering what games Yager will be working on as a result of this development. Spec Ops: The Line is an incredibly immersive and brutal game, and it’s not for the faint of heart.

It’s unclear what the development studio will work on next, and there’s been no clear indication of what they plan to do with Yager. The company most recently developed The Cycle for the Epic Games Store, billed as “a competitive quest shooter” where players both cooperate and compete for dominance of various resources. The company will now gain access to the wealth of experience and resources that the Tencent portfolio offers. Tencent has made a huge stir in the games industry over the last few years by acquiring a great many studios and publishers.

Tencent Holdings is the largest gaming company, having snapped up a wide array of different gaming entities. The mega-firm holds stakes of varying degrees in Epic Games, Grinding Gear Games, Activision Blizzard, and many more companies. Tencent is already working on PS5 ports. There’s possibility Yager could be working on something new as a result of this investment, although this has not been confirmed.

“Tencent is not only the world’s leading games company but also a prolific investor with a stellar track record,” said CEO of Yager Timo Ullmann. “We’re humbled to join the lineup of Tencent partners, which reads like a games industry Who’s Who. We’re confident that this will greatly enhance the scope of our business, not just by getting access to Tencent’s network and resources, but by tapping the vast industry know-how Tencent possesses.”

“Over the last few years, Yager has been developing our games-as-a-service approach in connection with a F2P business model, and this presented its own set of challenges for us,” explained Ullmann. “This is why we were looking for a strategic investor who shared our vision and who possesses not just the financial resources, but also a lot of experience in this field, and we found this investor with Tencent.”

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