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Monday - May 21, 2018
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Monday - May 21, 2018

Grinding Gear Games - Tencent Takes Majority Stake

by Silver, 14:44

@PCInvasion Grinding Gear Games, the maker of Path of Exile, have been acquired by Tencent.

New Zealand based Grinding Gear Games has had great success with their ARPG Path of Exile thanks to their no pay to win monetisation policy and regular content updates. Today that have announced that Chinese publisher and all-round mega-company Tencent has acquired a majority stake in Grinding Gear Games.

According to GGG’s CEO Chris Wilson, this latest move will not impact the way in which the game operated or the company is run. The company will still be independently run by the current team with the change being that they have financial reporting obligations to Tencent. They say there will be “minimal impact on our philosophy and operations”.

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