Sony and Tencent acquire stakes in FromSoftware

1 year 8 months ago

Sony Interactive Entertainment and Sixjoy Hong Kong, a subsidiary of Tencent, have acquired new shares in Japanese studio FromSoftware by way of a third party allotment.

In a document shared by FromSoftare's parent company Kadokawa Corporation, as spotted by VGC, Sixjoy has bought 16.25% of shares in the Dark Souls developer, while Sony has taken a 14.09% stake.

Kadokawa will retain the remaining 69.66% of shares. In the notice, the firm stated it "recognises the enhancement of capabilities for the creation, development and deployment of game IP as one of the Group's highest priorities."

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Author
Danielle Partis