Berlin-based developer Yager has announced that it has received a strategic minority investment from Tencent.
The undisclosed sum invested by Tencent will go towards strenghtening “development and publishing activities for their current title The Cycle and upcoming projects.”
Yager Receives Strategic Investment From Tencent
The Spec Ops: The Line developer will retain its independence, corporate structure and leadership following the investment.
“Tencent is not only the world’s leading games company but also a prolific investor with a stellar track record: We’re humbled to join the line-up of Tencent partners which reads like a games industry Who’s Who.”, said Yager CEO Timo Ullmann.
“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.”
Yager is currently working on The Cycle, a free-to-play multiplayer shooter available exclusively on the Epic Games Store, as well as a number of other unannounced projects.
