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Games: Tencent may acquire German developer Crytek

Chinese app company Tencent may have plans to acquire the successful German video game developer Crytek located in Frankfurt, as German newspaper Bild reports on a potential takeover bid. The acquisition would make strategic sense for Tencent because it would allow the Shenzhen-based company to expand its position as market leader in the video game industry. Tencent already acquired Berlin-based game developer Yager in the past. Crytek is known for popular hits such as “Crysis” and “Far Cry”, which offer particularly realistic simulations of combat. Bild therefore quickly jumped to the conclusion that the Chinese army wants to use Crytek’s technology for war simulations. fin

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