Chinese tech giant, Tencent has announced plans to buy Sumo Group in a deal worth $1.27 billion (£919m). Tencent already owns an 8.75% stake in the British gaming company but the acquisition will see Sumo’s current valuation increase by 43 per cent, Gamesindustry.biz reports. Sumo …
Tencent to Buy Sackboy and Crackdown Developer Sumo for $1.27 Billion
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