Tencent acquires Soleil and Valhalla Game Studios parent company Wake Up Interactive

Tencent Holdings has acquired Soleil and Valhalla Game Studios parent company Wake Up Interactive, the companies announced.

According to Wake Up Interactive, the transaction will enable it to shift toward developing its own high-quality games for global markets, starting with a new multiplayer online action game by Soleil tentatively titled Project EDO.

Here are the details, via Wake Up Interactive:

Since its 2017 founding, the Wake Up Group has provided planning and development of various games for consoles, PCs, and smartphones for the global market, along with its wholly owned subsidiaries, Soleil Ltd. and Valhalla Game Studios Ltd.

The acquisition by Tencent, a world leading internet and technology company, which operates a leading global platform for game development, publishing, and operations, will strengthen Wake Up’s management base and accelerate investment in development of its own high-quality games and creation of new intellectual property to complement its existing core business of commissioned game development.

Project EDO (tentative title) is just getting underway as the first step in our new IP development scheme. This is an multiplayer online action game that combines Soleil’s greatest strengths such as “ninja” and “exquisite action.”

View the first concept artwork for Project EDO at the gallery.

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