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Chinese game giant Tencent buys 9% of Elite Dangerous dev Frontier

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  • Chinese game giant Tencent buys 9% of Elite Dangerous dev Frontier

    Tencent's investment in western video game companies continues - this time it's bought nine per cent of Frontier for £17.7m.
    Frontier, maker of Elite Dangerous and Planet Coaster, said the investment will "accelerate and improve Frontier's access to the growing and already very significant Chinese market".
    It added that the proceeds will "augment" the Cambridge-based company's existing cash resources of £12.6m.
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