Mobile GamesNews

Tencent’s Subsidiary LightSpeed Studios Acquires Lucid Games

Tencent’s subsidiary LightSpeed Studios, known for its role in mobile gaming with titles such as PUBG Mobile, has made a strategic move by acquiring Lucid Games, the developer behind Destruction AllStars. This acquisition signifies Tencent’s continued expansion and investment in the global video game market, strengthening its position as a dominant player in the industry.

Founded in 2011, Lucid Games has a track record of significant contributions to various renowned titles, including Apex Legends, Sea of Thieves, and Star Wars Jedi: Fallen Order. More recently, Lucid has been involved in developing Star Wars Jedi: Survivor and the anticipated title Nightingale.

Amidst the significant announcement of the acquisition, Lucid Games assured fans at large that they would retain full autonomy in the creative and operational aspects of the studio. This guarantee is standard in such acquisitions, as it allows the acquired entity to continue producing the unique and appealing content that initially marked them as an attractive acquisition.

Tencent’s role in this acquisition is noteworthy. As one of the world’s largest and most influential tech conglomerates, Tencent has steadily increased its global gaming industry footprint. Their gaming division has grown exponentially, with strategic investments in many major gaming companies.

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Amie Gammons

A huge fan of puzzlers. Would love to experience the world and takedown on every single and upcoming game title. In the free time love to sing, follow recent game rumors and try to decrypt them in the best possible way.

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