Chinese media conglomerate Tencent reportedly acquired 15.75% of Arrowhead Game Studios, the company behind galaxy-spanning shooters Helldivers and Helldivers 2.
A new report from Swedish site Dagens Industri (per BreakIt) claims that Tencent bought up about 16% of the developer worth around $83 million in July, 2024, just a few months after its mammoth hit game came out. For context, Arrowhead is reportedly valued at approximately $532 million, according to DI, and has an operating profit of $76 million.
