Tencent is aiming for more acquisitions of Western companies

Tencent is aiming for more acquisitions of Western companies

The Chinese giant Tencent seems not to be dominated yet, on the contrary it seems willing to increase acquisition operations in the near future, with Western and especially European companies as the main objective of this expansion.

According to reports from Reuters, the company that already represents the largest giant in the world as regards the videogame market, would intend to increase the "merger and acquisition" operations, or merger and acquisition, through the bulk purchase of new companies or the purchase of large packages of shares in order to obtain a majority capable of guaranteeing control over various companies.

In recent years we have already seen a considerable expansion of Tencent at work, with the result of having already invested in over 800 companies: among these we find 40% reached in Epic Games and various packages owned as regards other known labels such as Activision Blizzar d, Ubisoft, Krafton, PlatinumGames, FromSoftware and Marvelous Inc.

The total and block acquisitions of other companies have been far fewer: at the moment there is total ownership of Funcom, Riot Games, Sumo, Turtle Rock , Digital Extremes and Splash Damage, as far as the latest operations are concerned, but the idea is that Tencent intends to keep a mixed approach, probably favoring the policy of partial acquisition through shares.

Tencent, the headquarters The intention is in fact to reach positions of control on the boards of directors through these escalations, even gradual ones.

In particular, the expansion points to the West, with the idea of ​​focusing on "innovative companies with talented teams," a Tencent spokesperson told Reuters. "As far as video games are concerned, our strategy is to focus on developing our skills, especially as regards the international market."

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