Tencent fully and completely bought Riot Games
Chinese holding Tencent fully acquired the company Riot Games, the developer of the most earning games in the genre of MOBA - League of Legends. About the transaction Riot Games announced on its website, its amount was not disclosed. Tencent acquired a controlling stake in Riot Games back in February 2011. According to The Wall Street Journal, before the final purchase, Tencent owned 93% of the League of Legends developer.
Tencent is one of the largest Internet providers in China. He owns the WeChat messenger and the portal QQ.com. Tencent owns many Chinese MMOs and acts as a distributor of Candy Crush Saga in the Chinese mobile market. In addition, Tencent owns a significant portion of Activision Blizzard shares and 40% of Epic Games.
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Riot Games is a company of one game, but which one is League of Legends . It was founded in 2006, has more than 1,000 employees and an income of $ 1.3 billion in 2014. At the same time, the policy of the company, as they themselves position it, is aimed at the fact that they make the game not for money, but for the players. Perhaps, just in such a policy of the company lies such an outstanding commercial success of the game. This autumn, Riot Games announced that in 2016, League of Legends is waiting for the biggest update in the last 6 years (they will change the hero selection system, add crafting, update the client, many changes in talents and heroes, and much, much more). It looks like I'll still be back in the lap after a couple of years break :-)
Read more about Riot Games, Tencent and Legue of Legends here .
As for changes for Riot employees, the holding of the remaining share of Riot Games by the holding is a part of the company's new strategy. Now, as awards for excellent achievements, studio employees will receive a cash reward - they used to be company stocks. In addition, there will be a more competitive salary, pension program, educational program, medical programs, more cookies in the kitchen and other benefits.
Tencent is one of the largest Internet providers in China. He owns the WeChat messenger and the portal QQ.com. Tencent owns many Chinese MMOs and acts as a distributor of Candy Crush Saga in the Chinese mobile market. In addition, Tencent owns a significant portion of Activision Blizzard shares and 40% of Epic Games.
')
Riot Games is a company of one game, but which one is League of Legends . It was founded in 2006, has more than 1,000 employees and an income of $ 1.3 billion in 2014. At the same time, the policy of the company, as they themselves position it, is aimed at the fact that they make the game not for money, but for the players. Perhaps, just in such a policy of the company lies such an outstanding commercial success of the game. This autumn, Riot Games announced that in 2016, League of Legends is waiting for the biggest update in the last 6 years (they will change the hero selection system, add crafting, update the client, many changes in talents and heroes, and much, much more). It looks like I'll still be back in the lap after a couple of years break :-)
Read more about Riot Games, Tencent and Legue of Legends here .
As for changes for Riot employees, the holding of the remaining share of Riot Games by the holding is a part of the company's new strategy. Now, as awards for excellent achievements, studio employees will receive a cash reward - they used to be company stocks. In addition, there will be a more competitive salary, pension program, educational program, medical programs, more cookies in the kitchen and other benefits.
Source: https://habr.com/ru/post/297414/
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