Tencent acquires majority stake in Klei Entertainment

Tencent acquires majority stake in Klei Entertainment

Chinese tech giant Tencent, which owns Riot Games and a sizeable stake in Epic Games, kicked off a season of hunting down various studios back in 2020. According to the news, the company plans to continue the practice in 2021. It was revealed last night that Tencent has bought a majority stake in Klei Entertainment.

The information was announced by the founder of the studio Jamie Chen on the forum . He noted that such a partnership will allow the studio to better adapt to changes in the industry and focus on creating unique games.

Chen explained that Klei maintains complete autonomy in creative and workflow across all aspects. 

Overall, the deal is not particularly unexpected, as Tencent has been publishing Klei games in China since 2016, including Don’t Starve Together.

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