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[PCMAG] Tencent Acquires Riot Games for $400M

post #1 of 59
Thread Starter 
Quote:
One game. Two and a half years. Four-hundred million dollars.
That's the raw story behind the rise—and purchase—of Los Angeles-based Riot Games, which was just recently bought out by China's Tencent for approximately $400 million. The deal values Riot Games at roughly $472 million, which is hardly a shabby amount for a company that, literally, only has one game to its name.
Not sure if want.
Source
Edited by TurboHertz - 2/6/11 at 6:58pm
    
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post #2 of 59
source not sauce
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post #3 of 59
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Fine than, be that way.
    
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post #4 of 59
$472 million?!
That's darn impressive considering Blizzard made around $520 million in profit.
post #5 of 59
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The king of news, it is a honour to have you in my thread.
    
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post #6 of 59
Quote:
Originally Posted by TurboHertz View Post
The king of news, it is a honour to have you in my thread.

It's a good story sir, I enjoyed the read.
post #7 of 59
I hope League of Legends doesn't suddenly change to look more like an EA title or some other money grubbing company.
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post #8 of 59
Knew it, Riot was only in it for the money. Soon as they got a good deal, sold it off.

Trash, unbalanced game anyways. But it is addicting/fun to mess around on with friends.
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post #9 of 59
Quote:
Riot Games says that more than one million active players spent more than 500 million minutes each month amongst League of Legends' many maps.
lolwut, since when was 2 maps many
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post #10 of 59
Stupid hats and accessories via microtransactions in 5... 4... 3...
    
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