Tencent is China's biggest social media company, and it has holdings in a number of famous game developers, from Supercell to Epic Games. And the Sharkmob deal shows that the Shenzhen, China-based company still has an appetite for Western game companies.
Sharkmob was founded two years ago by a group of ex-Ubisoft developers led by Rundqvist, himself the former CEO of Massive and executive producer on The Division. When the studio announced its formation
last year, it also teased its first title, a multiplayer PC and console game based on a "cult classic" franchise.