Tencent announced today that they’ve acquired Sumo Group for $1.27 billion. This includes all of Sumo Digital’s studios across the UK, Secret Mode, Atomhawk and Pipework Studios. Sumo Digital is renown for their work on the Crackdown series for Microsoft, Sonic racing games for SEGA and most recently, Sackboy: A Big Adventure on PS4 and PS5. Sumo Group non-executive chairman Ian Livingstone says that the group will benefit greatly from Tencent’s “broad videogaming ecosystem, proven industry expertise and strategic resources.”
Lastly, more details about the sale are available here via Reuters. Stay tuned at Final Weapon for the latest gaming news and updates!