Tencent completes deal to buy Clash of Clans mobile company Supercell

Final value is estimated at $8.6 billion (insert Dr. Evil image here).


The deal has been in the works for some time, but now all the paper work is apparently complete. Chinese holding company Tencent will be purchasing an 84% stake in Finnish mobile game developer Supercell.

Tencent will drop about $8.6 billion in the purchase and pursue the buyout in stages that will culminate some time in the thrird quarter of this year, according to the Wall Street Journal. The deal ends up putting an overall pricetag of more than $10 billion on the Clash of Clans developer. To put that in a bit of perspective, the company was found in 2010 by six developers, and has released only four games - Hay Day, Clash of Clans, Boom Beach and Clash Royale. However, all four were listed in the top 20 revenue games for iOS in May.

The move by Tencent continues to solidify its gaming portfolio. In December, it completed the purchase of League of Legends developer Riot Games. It also owns stakes in Epic Games, Glu Mobile, and Activision/Blizzard.

Contributing Editor
From The Chatty
  • reply
    June 21, 2016 8:32 AM

    John Keefer posted a new article, Tencent completes deal to buy Clash of Clans mobile company Supercell

    • reply
      June 21, 2016 9:49 AM

      More than what Disney purchased Lucasfilm and LucasArts for... how is this a smart deal?

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        June 21, 2016 10:35 AM

        Well, they made $930 million in profit last year and that was considered a poor showing so it's not like paying 8 billion for Digital Homicide or something.

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          June 21, 2016 12:33 PM

          Jesus. In profits? Lol. I was wondering how they afford all those prime time tv ads. Those games are free to play righ? The fuck is wrong with people?

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            June 21, 2016 1:52 PM

            zero impulse control.
            I've played it for the last almost 2 years. spent not one thin dime.

            Star Trek Timelines, on the other hand.... about 15 bucks.

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      June 21, 2016 11:52 AM

      That is walking around money for Tencent :)

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        June 21, 2016 12:43 PM

        no kidding. china megacorp wants in on this, badly.

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          June 22, 2016 1:27 AM

          they're in an acquisition race for new content with alibaba and baidu.

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      June 21, 2016 12:35 PM

      In what quarter of this year?

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      June 21, 2016 1:36 PM


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      June 21, 2016 2:36 PM

      They own nearly 50% of Epic and 12% of Activision Blizzard.

      Is there anyone they won't buy in the future?

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      June 21, 2016 3:03 PM

      Tencent is insaaaaane.

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      June 21, 2016 3:34 PM

      Wow, this AND they are also looking to buy UFC for around 4.2 Billion.

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      June 22, 2016 1:24 AM

      according to bloomberg, tencent is looking for co investors with them retaining 50% voting rights.

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