Tencent now has a majority stake in Spec Ops: The Line studio

spec ops the line
(Image credit: Yager)

Tencent now owns a majority stake in Yager, the Berlin-based studio best known for Spec Ops: The Line.

The Chinese juggernaut had originally invested an undisclosed amount in the studio back in February, which Yager CEO Timo Ulmann said would "greatly enhance the scope of our business, not just by getting access to Tencent's network and resources but by tapping the vast industry know-how Tencent possesses."

Now German site Games Wirtschaft has revealed that Tencent has acquired a majority stake, with Ulmann saying the original cash injection was a way to test the waters between the two companies.

Yager has largely flown under the radar since 2012's Spec Ops: The Line. While the game did well critically, it didn't do the studio any favours financially. Space shooter Dreadnought released in 2018, but the company laid off a third of its staff following its release. In recent years it's been working on The Cycle—a battle royale attempting to shake things up by throwing questing into the chaos—but there's not been much news about it for a good couple of years. According to Games Wirtschaft, The Cycle is still in development along with another unannounced game.

It's yet another investment for Tencent, which seem to be gradually gobbling up all corners of the games industry. It currently has over 300 investments under its belt across tech and entertainment, with some pretty big names in the portfolio. Along with owning Riot Games, Tencent also has a pretty hefty stake in Epic Games and smaller Ubisoft and Activision Blizzard investments.

Mollie Taylor
Features Producer

Mollie spent her early childhood deeply invested in games like Killer Instinct, Toontown and Audition Online, which continue to form the pillars of her personality today. She joined PC Gamer in 2020 as a news writer and now lends her expertise to write a wealth of features, guides and reviews with a dash of chaos. She can often be found causing mischief in Final Fantasy 14, using those experiences to write neat things about her favourite MMO. When she's not staring at her bunny girl she can be found sweating out rhythm games, pretending to be good at fighting games or spending far too much money at her local arcade.  

Read more
Assassin's Creed meets PUBG
Ubisoft is reportedly talking to Tencent about creating a new business entity to manage Assassin's Creed and other big games
Tencent HQ
Tencent says it's not a Chinese military company and is willing to sue the US Department of Defense if it isn't removed from a blacklist
Tencent
Tencent has been designated a Chinese military company by the US Department of Defense, which the conglomerate calls a 'misunderstanding'
Jagged Alliance 3 keyart
Paradox is the new owner of Jagged Alliance 3 and Surviving Mars developer Haemimont Games
No Rest for the Wicked Steam early access screenshots
No Rest for the Wicked developer Moon Studios is now 'fully independent' after acquiring the rights to the game from Take-Two
A space marine battling a chaos space marine in Space Marine 2.
Hasbro is working with Saber Interactive on a 'tentpole' IP using Space Marine 2's swarm tech
Latest in Third Person Shooter
A mech awakens.
Mecha Break developer is considering unlocking all mechs following open beta feedback
Steel Hunters hands-on
Steel Hunters is like a more tactical Titanfall, but as an extraction shooter it's undermined by boring loot
helldivers 2
Helldivers 2 composer recalls stomping around his apartment and channeling 'Super Patriotism' to capture Arrowhead's satirical vision in music: 'The satire works because the music believes it's a pure patriotic love without irony or criticism'
farcana
'The Middle East's answer to Marvel Rivals' is an 'AI-powered', crypto-infused hero shooter that looks like hot garbage
Marvel Rivals characters - Invisible Woman preparing to cast a shield.
'Searches for Invisible Woman went up 3,000%': Marvel Rivals devs innocently reflect on how popular some of their heroes have become
A Helldiver charges through the fire and flames in Helldivers 2.
Helldivers 2 CCO Johan Pilestedt says the industry's got it backwards by putting features over fundamentals: 'We talk way too little about the core philosophy'
Latest in News
A mech awakens.
Mecha Break developer is considering unlocking all mechs following open beta feedback
Lara Croft Unified Art
Tomb Raider developer Crystal Dynamics lays off 17 employees 'to better align our current business needs and the studio's future success'
A long bendy arm stealing money from people in a subway car
'You're a very long arm. You steal things. It's a comedy game,' explains developer of comedy game where you steal things with a very long arm
The heroes are attacked by monsters
Pillars of Eternity is getting turn-based combat to mark its 10th anniversary, and that means PC Gamer editors will soon be arguing about combat mechanics again
Image of Ronaldo from Fatal Fury: City of the Wolves trailer
It doesn't really make sense that soccer star Ronaldo is now a Fatal Fury character, but if you follow the money you can see how it happened
Junah beginning a battle in Metaphor: ReFantazio.
Today's RPG fans are 'very sensitive to feeling like they wasted time' when they die, says Metaphor: ReFantazio battle planner—but Atlus still made combat hard anyway