Tencent acquires Swedish game developer Sharkmob AB
MALMÖ, SWEDEN & SHENZHEN, CHINA — 2019/05/21 — Tencent Holdings Ltd (0700.HK) today acquired 100% of the Swedish game developer Sharkmob AB for an undisclosed sum.
Sharkmob was founded just two years ago by a tight-knit group of industry veterans, and they have since grown steadily at their iconic Malmö office. The studio continues working with its unannounced online game as well as several new projects together with Tencent.
“We view the future of online gaming the same way and Tencent being a leading internet and games platform gives Sharkmob the reach and resources to be a part of that future. Support from Tencent’s incredible group of game teams will allow us to fully pursue our passion of bringing great gaming experiences to as many players as possible.”, said Fredrik Rundqvist, CEO of Sharkmob.
“Sharkmob’s creative and passionate team has a proven track record of developing triple-A titles which involves open world setting and various gameplays. We look forward to more exciting innovation for game-lovers by combining Sharkmob’s development capabilities with Tencent’s technologies and expertise.” Steven Ma, Senior Vice President of Tencent, said.
Tencent uses technology to enrich the lives of Internet users. Our communications and social platforms, Weixin and QQ, connect users to each other, as well as to digital content and services such as games, video, music and literature. Our proprietary targeting technology helps advertisers reach out to hundreds of millions of consumers in China. Our infrastructure services including payment, security, cloud and artificial intelligence create differentiated offerings and support our partners’ business growth. Tencent invests heavily in people and innovation, enabling us to evolve with the Internet. Tencent was founded in Shenzhen, China, in 1998. Shares of Tencent (00700.hk) are traded on the Main Board of the Stock Exchange of Hong Kong.
Sharkmob was founded in Malmö in 2017 by a group of industry veterans with decades of industry experience. Together they wanted to create a workplace well suited for the ever-changing media landscape, capable of delivering interactive entertainment experiences for the future. Meeting this future means being online, cross-play capable and a providing an immersive social experience for large groups of gamers. To reach this goal Sharkmob strives to maintain a fun and inclusive working environment where developers are encouraged to not only take ownership but also share the responsibility for the games they work on.