Tencent has continued its investment spree, this time in Arma and DayZ studio Bohemia.
The Chinese mega corp has acquired a minority stake in Bohemia Interactive, which is based in the Czech Republic. Terms of the investment were not disclosed.
Bohemia boss Marek Španěl insisted his company will continue to operate independently and be led by the existing management team. The initial plan is to bring Bohemia's PC and mobile sandbox creation platform Ylands to Chinese players.
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DayZ and Arma 3 developer Bohemia Interactive has moved to quash recent reports claiming Chinese conglomerate Tencent had purchased a majority share of the studio.
News of the acquisition first surfaced in a story by tech industry website The Information, which reported that Tencent had acquired a 70-80% stake in Bohemia Interactive for around $260m USD, citing "a person familiar with the matter" as its source.
However, in a new statement released to press, a Bohemia Interactive spokesperson has refuted the website's claims. "The information in that article is incorrect," they said, "Tencent has not purchased a stake in Bohemia Interactive and it remains an independent studio."