Tencent's Closure of Team Kaiju Sends Shockwaves through US Gaming Industry
TL;DR
Chinese tech giant Tencent has closed down its U.S. video games studio, Team Kaiju, which was considered a crucial part of its global expansion plan to become a competitive game developer for the Western market. The studio had been working on a big-budget multiplayer game before being shut down, and its staff have been reassigned to other projects within Tencent. This move comes as Tencent aims to build studios overseas and develop games targeted at international markets.
Topics:businesstechnology#game-development#global-expansion#team-kaiju#technology#tencent#video-games
- Tencent shuts US video games studio Team Kaiju Reuters
- Tencent closes US video game studio: report (TCEHY) Seeking Alpha
- Tencent has reportedly shut down "AAA multiplayer" studio Team Kaiju Eurogamer.net
- Team Kaiju appears to have been closed by Tencent Gamereactor UK
- Tencent shuts down US arm Team Kaiju- Republic World Republic World
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