Tencent acquires two ByteDance gaming studios

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Tencent has established a new gaming subsidiary, Saros Network Technology, a merger of two of Bytedance’s gaming division studios, Shenzhen Gravity Studio and Jiangnan Studio. Sources familiar with the matter reveal that former employees of ByteDance’s gaming arm NUVERSE have already joined the new company. Shenzhen Gravity Studio has an ongoing multiplayer shooting game project[…[…
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