MCV885 July 8th

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INDONESIA FACTFILE

MEANWHILE IN... CHINA After Activision Blizzard, Riot, Glu and Paradox, Chinese games giant Tencent has now bought a stake in Clash of Clans studio Supercell FINNISH developer Supercell has been acquired by Tencent. The Chinese games giant purchased an 84.3 per cent state in the Clash of Clans developer, for $8.6bn (£6.4bn). This follows months of rumours about investor SoftBank, which talked about selling its 73.2 per cent share in Supercell to ‘strategic buyers based in China’. Supercell CEO Ilkka Paananen insisted on the fact that the studio will remain independent. “We have agreed with Tencent that Supercell will continue to be operationally independent, exactly

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as it was under SoftBank’s ownership.” He added that Supercell’s headquarters will remain in Helsinki and that the company will continue to pay its taxes in Finland.

Paananen also hinted at a potential partnership with Riot Games, which was also acquired by Tencent last year.

July 8th 2016


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