1/23/2023 0 Comments Age of conan review 2019If it goes ahead, that would set up another level of rivalry between the two companies. But just earlier this week, it was reported that ByteDance - the publisher behind breakout social media app TikTok - was readying its own foray into the world of gaming. Today, Tencent competes against the likes of Sony, Microsoft and Nintendo in terms of mass-market, gaming revenues. The news is being made with some interesting timing. The deal, when approved, would value the Oslo-based company at $148 million (NOK 1.33 billion) and give the company a much-needed cash injection to follow through on its longer-term strategy around its next generation of games.įuncom is traded publicly on the Oslo Stock Exchange, and the board has already recommended the offer, which is being made at NOK 17 per share, or around 27% higher than its closing share price the day before (Tuesday). The Chinese firm has made an offer to fully acquire Funcom, the games developer behind Conan Exiles (and others in the Conan franchise), Dune and some 28 other titles. Tencent, one of the world’s biggest video and online gaming companies by revenue, today made another move to help cement that position.
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