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Tencent and Square Enix team up to form new company and develop triple-A franchise

Chinese tech giant providing internet capabilities; Japanese game developer providing the creativity

Date Type Companies involved Size
August 31st, 2018 partnership Square Enix
Tencent
Not disclosed
Tencent and Square Enix team up to form new company and develop triple-A franchise

Japanese publisher Square Enix has announced a partnership with Chinese tech and entertainment behemoth Tencent to develop a new triple-A franchise.

The Final Fantasy giant says that a "letter of intent" has been signed in order to create "a strategic alliance" between the two companies.

Joint venture

The end result of this team-up will be some new triple-A IPs co-developed by the two Asian giants, but it also includes the creation of a "joint-venture company".

What this means exactly is unclear, but it's possible the duo will be creating one or more development studios to handle these new projects.

There's no word on the focus of these games beyond them making use of Tencent's internet capabilities and Square Enix's creativity.

Our sister-site PCGamesInsider.biz has more on the story.


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PCGamesInsider Contributing Editor

Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he joined Steel Media as the editor for new site PCGamesInsider.biz. In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.

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