We're thrilled to announce the return of GamesBeat Next, hosted in San Francisco this October, where we will explore the theme of "Playing the Edge." Apply to speak here and learn more about sponsorship opportunities here. At the event, we will also announce 25 top game startups as the 2024 Game Changers. Apply or nominate today!

Tencent today announced it has acquired Slamfire Inc., the parent company of game developer Turtle Rock Studios. Turtle Rock is best known as the development studio behind Left 4 Dead, Evolve, and, most recently, Back 4 Blood.

According to a statement from the two companies, Turtle Rock will remain largely independent, and its team remains the same. Co-founders Phil Robb and Chris Ashton will continue to run operations. The change will also reportedly have no effect on Back 4 Blood’s ongoing development.

Steve Goldstein, president of Turtle Rock, said in a statement, “We are all looking forward to joining the Tencent family of studios. Tencent’s outstanding partners, global reach, deep knowledge of gaming and unprecedented support will help us create the kinds of ambitious games we dream of, while allowing us to retain our autonomy and independent spirit.”

Tencent, meanwhile, commended Turtle Rock’s track record. Eddie Chen, chief strategy officer of Tencent Games Global said in a statement, “We are huge fans of Turtle Rock’s games, especially their amazing approach to creating co-operative online games. We can’t wait to see what comes next, and we’re excited to be part of their future.”


GamesBeat Next 2023

Join the GamesBeat community in San Francisco this October 24-25. You’ll hear from the brightest minds within the gaming industry on latest developments and their take on the future of gaming.

Learn More

Tencent has steadily increased its game development acquisitions and investments. It recently acquired Wake Up Interactive, the parent company of Valhalla Game Studios and Soleil.

GamesBeat's creed when covering the game industry is "where passion meets business." What does this mean? We want to tell you how the news matters to you -- not just as a decision-maker at a game studio, but also as a fan of games. Whether you read our articles, listen to our podcasts, or watch our videos, GamesBeat will help you learn about the industry and enjoy engaging with it. Discover our Briefings.