Deal snapshot: Tencent Acquires Turtle Rock Studios to Expand Game Development.

MANews-(C)2009-2021

China-based Tencent Holdings Ltd. (SEHK: 00700) has acquired California-based Turtle Rock Studios' and its parent company, Slamfire, Inc., to expand new games development, the company said.

Terms of the transaction were not disclosed. Turtle Rock will become part of Tencent, while...

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