TiMi Studio Group, a subsidiary of Tencent Games, will launch a Montreal office with plans to grow its presence to a “sizeable team” by the end of the year, the company said in a press release this week. (The Logic)
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TiMi Studio Group, a subsidiary of Tencent Games, will launch a Montreal office with plans to grow its presence to a “sizeable team” by the end of the year, the company said in a press release this week. (The Logic)
Talking point: The expansion to Montreal by one of the world’s largest gaming companies comes as rivals such as Amazon, which opened a studio there earlier this year, look to capitalize on the city’s pool of talent. Tencent also owns a majority stake in Vancouver-based Klei Entertainment. TiMi said its expansion was supported by Montréal International and Investissement Québec International, though it didn’t specify whether it received public funding for the effort. The announcement came alongside Tencent’s other gaming moves this week, including the acquisition of British video-game developer Sumo Group for more than US$1 billion and a majority investment in Sweden’s Sunlock Studios.
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