Many industry acquisitions have been happening recently, and the latest one in line sees Japan’s Sony Interactive Entertainment and the Chinese conglomerate Tencent collectively buying over 30% of controlling stocks of FromSoftware and this move has been confirmed by the FromSoftware parent Kadokawa Group.


Tencent subsidiary Sixjoy Hong Kong will be taking ownership of 16.25% of the purchased shares, while SIE will take the remaining 14.69%. Kadokawa Group will still be the main shareholder in FromSoftware, though, owning a huge 69.66% of the controlling stock. The deal is expected to close on September 7, 2022.


Here’s what Kudokawa said in the official sales document: “With an eye on further expansion of the Game Business, the Group recognizes the enhancement of capabilities for the creation, development, and deployment of game IP as one of the Group’s highest priorities. In line with this policy, the Company has decided to have FromSoftware implement fund procurement by way of a Third–Party Allotment to Sixjoy and SIE.”


Looking forward to seeing what this acquisition will mean for gaming as a whole. I am seriously hyped!