Tencent Buys Remainder of Riot, League of Legends

Tencent Buys Remainder of Riot, League of Legends
[Dec 17, 2015, 10:59 am ET] – Share – Viewing Comments

Tencent is now the sole owner of Riot Games and League of Legends, Riot's hugely popular MOBA. The Chinese conglomerate previously was previously a majority owner of the developer, but a recent post about employee equity reveals they have purchased the remainder. They conclude the update expressing optimism about the change: "We’re excited about the flexibility of this new approach to comp and believe it’ll help us continue to ensure Riot remains a great place to work." Thanks Ars Technica.

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