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Tencent Completed Its Controlling Stake Deal for Dying Light Developer Techland

Tencent’s Techland deal moved from an in-progress announcement in July 2023 to a completed controlling-stake acquisition reported in January 2024. Its adviser put the stake at approximately 67%; the price was undisclosed.
From TheFinanceBase Team1 min to read
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Tencent completed its acquisition of a controlling stake in Techland, the studio behind Dying Light. Techland announced the deal as in progress on July 24, 2023; a January 2024 report later said the acquisition had been completed. The studio’s transaction adviser reported that Tencent acquired approximately 67% of its shares, while the purchase price was not disclosed.

When Tencent’s Techland deal was announced and completed

On July 24, 2023, Techland CEO and founder Paweł Marchewka announced that Tencent was “in the process of becoming Techland’s majority shareholder.” That described a transaction still underway, not a completed acquisition. Techland’s announcement

On January 10, 2024, Game Developer reported that Tencent had completed the acquisition of a controlling stake. The two dates describe different stages of the deal.

How much of Techland did Tencent acquire?

Techland’s transaction adviser, Rymarz Zdort Maruta, said Tencent acquired approximately 67% of Techland’s shares. The percentage is the adviser’s reported figure; it is not a purchase-price or company-valuation estimate. Rymarz Zdort Maruta’s transaction statement

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Dying Light 2 Stay Human - PlayStation 5
  • Includes: Dying Light 2 Stay Human and ‘Bloody Ties’ DLC. (DLC must be downloaded separately.)
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  • VAST OPEN WORLD: Participate in the life of a city engulfed in a new dark era. Discover different paths and hidden passages, as you explore its multiple levels and locations.
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What did the deal cost?

The price was not disclosed in the sources reporting the transaction. TechCrunch’s contemporaneous coverage said the terms were undisclosed, so there is no supported figure for the amount Tencent paid. TechCrunch’s July 2023 report

What Techland said about its independence

In the July 2023 announcement, Marchewka said: “We will retain full ownership of our IPs, maintain creative freedom, and continue to operate the way we believe is right.” This was the studio’s stated commitment when it announced the partnership; the statement alone does not establish how every later decision was made.

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  • At night, the world undergoes a deadly transformation: the hunter becomes the hunted as the infected grow more aggressive and numerous, and something far more sinister awakens to stalk its prey
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  • Dying Light is set in a vast open world, delivering expansive and varied environments, a wide variety of enemy classes and a hopeless tale of survival where resources are scarce and the infected are not the only threat
  • Get up-close using a variety of light and heavy weapons including knives, bats, axes, sledgehammers and more exotic weaponry or utilize guns and other firepower to take down enemies from a distance
  • Why use a wrench when you can use a wrench wrapped in electrified barb wire Dying Light's sizeable crafting system enables players to create a slew of new, more potent weapons and equipment, as well as specialized ammunition

Marchewka described the partnership as a way to advance Techland’s plans, naming the Dying Light franchise and a fantasy action RPG then in development. That announcement-day description does not establish the RPG’s current development status or show that Tencent directed either project.

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Dying Light - Xbox One
  • At night, the world undergoes a deadly transformation: the hunter becomes the hunted as the infected grow more aggressive and numerous, and something far more sinister awakens to stalk its prey
  • Free Running Movement – Whether tracking prey or escaping predators, Dying Light lets players swiftly navigate the world by seamlessly leaping between buildings, grappling up walls and pouncing on unsuspecting enemies
  • Dying Light is set in a vast open world, delivering expansive and varied environments, a wide variety of enemy classes and a hopeless tale of survival where resources are scarce and the infected are not the only threat
  • Get up-close using a variety of light and heavy weapons including knives, bats, axes, sledgehammers and more exotic weaponry or utilize guns and other firepower to take down enemies from a distance
  • Why use a wrench when you can use a wrench wrapped in electrified barb wire Dying Light's sizeable crafting system enables players to create a slew of new, more potent weapons and equipment, as well as specialized ammunition
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  • At night, the world undergoes a deadly transformation: the hunter becomes the hunted as the infected grow more aggressive and numerous, and something far more sinister awakens to stalk its prey
  • Free Running Movement – Whether tracking prey or escaping predators, Dying Light lets players swiftly navigate the world by seamlessly leaping between buildings, grappling up walls and pouncing on unsuspecting enemies
  • Dying Light is set in a vast open world, delivering expansive and varied environments, a wide variety of enemy classes and a hopeless tale of survival where resources are scarce and the infected are not the only threat
  • Get up-close using a variety of light and heavy weapons including knives, bats, axes, sledgehammers and more exotic weaponry or utilize guns and other firepower to take down enemies from a distance
  • Why use a wrench when you can use a wrench wrapped in electrified barb wire Dying Light's sizeable crafting system enables players to create a slew of new, more potent weapons and equipment, as well as specialized ammunition

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