Tencent has announced that they have acquired a 9.96% stake into Sumo Group, the parent company to Sumo Digital.
We are glad to invest in Sumo Group, a leading independent co-development studio. We look forward to supporting Sumo’s growth and exploring collaborations with the Company to bring more interactive entertainment experiences to global audiences.Head of Tencent Games Steven Ma
We are delighted that Tencent have chosen to acquire a shareholding in the company, and we look forward to working with Tencent to explore co-development opportunities.Sumo Group CEO Carl Cavers
The publishing giant released Team Sonic Racing earlier this year, with Project Nova coming in the future from the studio. Sumo Digital was dropped from Dead Island 2’s development in August, meaning that the upcoming known slate of projects from Sumo isn’t very known.