News

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

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.


Editor - PC Games Insider

Alex Calvin launched PCGamesInsider.biz in August 2017 and has been its editor since. Prior to this, he was deputy editor at UK based games trade paper MCV and content editor for marketing and events for London Games Festival 2017. His work has also appeared in Eurogamer, The Observer, Kotaku UK, Esquire UK and Develop.

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