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Tencent Acquires Majority Stake in Path of Exile Developer, Grinding Gear Games

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Posted 21 May 2018 - 08:05 AM

Grinding Gear Games, the developers of free-to-play ARPG Path of Exile have stated today Chinese publisher Tencent has acquired a majority stake in the company. Tencent is one of the largest game publishers in the world and owns other popular franchises like League of Legends and Clash of Clans. While Tencent may have a majority stake in the company, Grinding Gear Games will remain independent, a point the developers asked CEOs of other Tencent-invested companies about. Grinding Gear Games employees will also remain employees of that company and not Tencent. Going forward, the Chinese version of Path of Exile will not be prioritized over the international version, though the developers do want to reduce the release gap between the two versions. For those concerned about the Chinese version potentially getting exclusive features, almost all features are developed for the international version, but if Tencent requests something for the Chinese version that is not planned for the international version, it will be ported back into, if the developers feel it will be a good fit. There will not be a change to how people log in.

Along with this information, Grinding Gear Games also states it is working on multiple 3.x expansions for this year and next, and that work has begun on version 4.0.0, which is targeting Beta testing for early 2020.

Source: Grinding Gear Games

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