Tencent launches Montreal gaming studio, acquires two new firms, in bid to take on Microsoft and Sony

Chinese gaming and social media giant Tencent Holdings opened a new overseas game development studio in Montreal and notched up two more acquisitions in a bid to take on Microsoft, Sony and other top-tier video game companies.TiMi Studio Group, the Tencent flagship game developer behind titles such as Honor of Kings and Call of Duty Mobile, unveiled TiMi Montreal on Monday, joining the developer’s two other studios in Los Angeles and Seattle.Separately, on Monday it agreed to acquire British…


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