Tencent Acquires Significant Stake in Helldivers 2 Developer Arrowhead

Arrowhead Game Studios, developer of Helldivers 2, has a new shareholder: Chinese conglomerate Tencent.

The company has just acquired a 15.75% stake in the studio (via Push Square), at a cost of $80 million.

The Arrowhead cofounders hold the remaining shares, with the rest distributed among Johan Pilestedt, Emil Englund, Malin Hedstrom, Peter Lindgren, and Anton Stenmark.

The studio as a whole is valued at approximately $532 million, according to Swedish outlet DI. The same report states revenue of just under $100 million and an operating profit of nearly $76 million.

In other words, Arrowhead has been profitable and now has a partner that can further help it establish a presence in China.

It’s worth remembering that Arrowhead Game Studios’ next project will be independent (without Sony’s involvement).