Tencent

League of Legends dev Riot Games now wholly owned by internet giant Tencent

League of Legends dev Riot Games now wholly owned by internet giant Tencent

Eric Frederiksen

Chinese internet giant Tencent has long owned a partial stake in developer Riot Games, the studio behind the massively successful MOBA game League of Legends. Riot announced via a post on its official site that Tencent has outright purchased the developer. As a result of our continued growth and changing circumstances, we’re shifting to a new structure to recognize and reward Rioters...