China's internet giant Tencent Holdings and its partners will play $8.6 billion to purchase an 84.3 percent stake in Supercell, the Finnish developer behind the popular mobile titles including Clash of Clan and Clash Royale.
Tencent and its partners will purchase the stake in Supercell from Japanese telecommunications giant SoftBank Group. According to The Wall Street Journal, Supercell is valued at $10.2 billion and is the latest investment by Tencent, and SoftBank will no longer own any shares in SuperCell following the closing.
Tencent already has its presence in the PC game market due to its ownership of Riot Games, makers of the most popular game, League of Legends. Acquiring Supercell, will ensure the company to foray into the mobile/tablet games market.
The transaction is expected to close sometime in Q3 2016, given that customary regulatory approvals and closing conditions are met. Supercell will continue to operate independently from its home base in Helsinki, Finland.
WSJ
China based software company Tencent has teamed up with Intel on a new game console platform called TGP Box (Tencent Games Platform). The first model of TGP Box system will be manufactured by Haier and is called Blade Box. It gaming console was shown at CES Asia.
Blade Box runs Windows 10 and is equipped with Intel's sixth generation Skylake processor (Core i3, i5, i7). There are no details on other hardware specs. It also comes with a game store and the user interface is easy to navigate while using the gaming controller. The platform supports downloading and updating massive games, live streaming games and more, thanks to the TGP Box mode.
Some of games that will run on TGP Box include League of Legends, FIFA Online 3, NBA 2K, Monster Hunter and Need for Speed:Hot Pursuit Tournament. More games will be announced later this year.
You will also be able to switch from gaming mode to Windows 10 desktop to access desktop apps and other desktop functions. There is no word on pricing and availability details just yet.
Via
