Warframe Developer's Parent Company in Acquisition Talks With Tencent

Warframe Developer's Parent Company in Acquisition Talks With Tencent

Exclusive talks are ongoing.

Leyou Technologies, parent company to Warframe developer Digital Extremes, is in talks to be acquired. A request to halt trading was noticed earlier today, and since then it's emerged that Leyou is in talks with Tencent for a buyout.

Leyou Technologies's request for a halt to trading on the Hong Kong Stock Exchange was noticed earlier today by industry analyst Daniel Ahmad. Shortly after, Bloomberg reported that Tencent was in talks to purchase Leyou Technologies, per information from an anonymous source.

Shortly thereafter, Leyou Technologies announced that it's currently in talks with Tencent for a buyout. These talks about acquisition are exclusive between the two companies, so Leyou will likely be acquired by Tencent.

Previously, Sony was interested in purchasing Leyou Technologies as of yesterday on July 9. This is on the same day that news broke of Sony investing a massive $250 million in Epic Games for "future collaboration."

But it's not just Digital Extremes, the developers of Warframe, that will be purchased through a takeover of Leyou Technologies. The parent company also owns UK-based contract developers Splash Damage, who has previously helped work on Gears 5, Gears Tactics, Halo: The Master Chief Collection, and many others.

Slash Damage had a hand in developing Gears Tactics earlier this year. | Microsoft/The Coalition

In other Warframe news, brand new Prime gear is slated to be added to the game next week, including a new saw launcher and a heavy blade. This is all before the game's first online-only event kicks off after a slight delay on August 1, due to the ongoing COVID-19 pandemic.

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Hirun Cryer

Staff Writer

Hirun Cryer is by far the most juvenile member of USgamer. He's so juvenile, that this is his first full-time job in the industry, unlike literally every other person featured on this page. He's written for The Guardian, Paste Magazine, and Kotaku, and he likes waking up when the sun rises and roaming the nearby woods with the bears and the wolves.

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