⇨ TiMi Studio Group, “ TiMi Studio Group opening game development studio in Montréal. By Pei Li and Tony Munroe (Reuters) - Chinese tech giant Tencents Timi Studios, maker of popular video games Honor of Kings and Call of Duty Mobile, generated revenue of 10 billion last year. ⇨ The Verge, Sam Byford, “ Tencent is buying British game studio Sumo for $1.27 billion.” Chinese tech giant Tencent’s Timi Studios, maker of popular video games Honor of Kings and Call of Duty Mobile, generated revenue of 10 billion last year, two people with direct knowledge of the matter told Reuters. It developed the Sony PlayStation 5 launch title, Sackboy: A Big Adventure, and was the main studio on Microsoft’s Crackdown 3 for Xbox consoles and PCs. Based in Sheffield, England, Sumo’s main studio works for the biggest names in the industry. The Chinese tech company already has an 8.75% stake in the developer, according to, and the offer represents a 43% premium over Sumo’s current valuation. TiMi Montreal intends to build a large team by the end of the year.įurthermore, Tencent announced plans to buy British video game company Sumo Group for US$ 1.27 billion. The Montreal team will be tasked with creating an open-world AAA video game that players can explore on multiple platforms. TiMi Montreal will join the TiMi group in North America, alongside studios in Los Angeles and Seattle. Some of the games it is most famous for include Call of Duty: Mobile and Honor of Kings. TiMi Studios is a video game developing company founded in 2008. On Monday, the Shenzhen-based company announced the opening of a new game development studio in Montreal. According to the two individuals that spoke to Reuters, TiMi’s proceeds accounted for 40 of the company’s game revenue. The developer’s incredible track record with mobile MOBA titles like Honor of Kings speaks for itself. TiMi Studio Group, a subsidiary of Chinese giant Tencent, is behind several major titles such as Call of Duty: Mobile, Honor of Kings and the upcoming Pokémon UNITE. TiMi Studios, the Tencent-owned developer of huge mobile hits Call of Duty: Mobile and the MOBA Honor of Kings, earned a staggering 10 billion in revenue in. This was no easy feat, as console games that are shoehorned onto mobile are usually destined for failure, but Shenzhen, China-based TiMi Studios, Tencent’s largest internal studio, was up to the task. Tencent Games opening studio in MontrealĬall of Duty: Mobile.
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