Tencent Acquires Minority Stake in Yooka-Laylee Dev Playtonic


Tencent has introduced that it has acquired a minority stake in Yooka-Laylee developer, Playtonic Games. The UK-based studio will retain management of its IP, and with Tencent’s help, it’ll be capable of pace up improvement of a number of undisclosed tasks.

Established in 2014, Playtonic includes of former Rare builders. Danny Spiteri, former Raw Fury and Team17 government, has joined the studio as Head of Publishing.

A press release from Playtonic founder Gavin Price reads:

Six years in the past we constructed a cool, thrilling rocket ship, set a course we predict is true and thrilling. We are thrilled that Tencent agrees with that course and has supplied some rocket gasoline to additional the attain of our mission! The countdown to right this moment has included (deep inhale)… our report breaking Kickstarter for Yooka-Laylee, rising the buddy-duo’s attain with the acclaimed Yooka-Laylee and the Impossible Lair, establishing Playtonic Friends and the profitable launch of its first three titles—BPM: Bullets Per Minute, A Little Golf Journey, and Demon Turf, signing three additional unbelievable beauties in L’il gator Game, Victory Heat Rally, and Blossom Tales 2: The Minotaur Prince, and all of the whereas nonetheless being cool (ask our dad and mom)! BUT with Tencent’s assist we will scale up and fast-track the super-exciting, super-secret tasks we’ve been retaining near our treasure chests too… issues are going to get Bat Ship Crazy over the following few years! Please think about a wink emoji proper now.

Price and government producer Andy Wilson will now concentrate on improvement as Spiteri oversees publishing.