according to materials from the publication - By TheCoinrise Media
Tencent, the Chinese global technology giant, is reportedly in early talks to acquire Nexon, the South Korean game developer. If this deal goes through, it will become one of Tencent's largest international purchases and strengthen its position in the global gaming industry.
According to a Bloomberg report citing sources familiar with the matter, Tencent has reached out to the family of the late Nexon founder Kim Jung-ju to discuss a potential full acquisition.
These talks are in the early stages, and a formal agreement has not yet been reached. However, this move demonstrates Tencent's long-term goal of securing valuable intellectual property and expanding its gaming portfolio.
Additionally, Tencent's acquisition of Nexon would give it control over several well-known gaming franchises. This move would enhance Tencent's presence in international markets and create stable revenue streams.
Similarly, if the acquisition occurs, it could trigger changes in the global gaming and fintech industries. It may affect tokenized assets, cross-border investments, and gaming-related cryptocurrencies.
It is worth noting that neither Tencent nor Nexon has officially confirmed the discussions. As talks continue, the gaming and financial markets are keeping an eye on updates.
Likewise, Tencent and the Guilmo family, co-founders of Ubisoft, have been in talks to acquire full control over the French video game developer. This move, which would lead to Ubisoft becoming a private company, has attracted attention after months of uncertainty regarding the company's financial prospects.
Going private would allow Ubisoft to focus on long-term strategies without the pressure of quarterly earnings reports or external shareholders.
While other major players in the gaming industry, such as Square Enix and Pearl Abyss, have entered the Web 3.0 market, this potential partnership between Tencent and Ubisoft could create a powerful international coalition focused on blockchain-friendly AAA games.
Tencent signs multiple deals with blockchain companies
It should be noted that in 2023, the tech giant entered into numerous agreements with blockchain companies.
Tencent Cloud and decentralized blockchain infrastructure provider Ankr have agreed to create several blockchain API services for remote method invocation modes. The new services allow connections to well-known blockchains used for developing games and Web 3.0 applications.
To accelerate the adoption of Web 3.0 applications, the cloud computing division of the Chinese internet company has entered into strategic cooperation agreements with three additional blockchain partners: Avalanche, Scroll, and Sui.
