Home News Tencent’s Gaming Subsidiary, Lightspeed Studio Acquires Lucid Games

Tencent’s Gaming Subsidiary, Lightspeed Studio Acquires Lucid Games

Tencent’s gaming subsidiary, LightSpeed Studio, has made a strategic move by acquiring Lucid Games, the developer behind popular titles like Destruction AllStars. This acquisition solidifies Tencent’s position as a dominant player in the global video game market and highlights its expansion and investment in the industry.

Founded in 2011, Lucid Games has contributed to acclaimed titles such as Apex Legends, Sea of Thieves, and Star Wars Jedi: Fallen Order. The studio is currently working on highly anticipated games like Star Wars Jedi: Survivor and Nightingale. Lucid Games has assured fans that they will retain autonomy in creative and operational aspects. This guarantee allows the studio to continue producing unique and appealing content.

Tencent, one of the world’s largest tech conglomerates, has been strategically investing in major gaming companies to strengthen its presence in the gaming industry. The acquisition of Lucid Games adds to Tencent’s portfolio and enhances its capabilities to cater to diverse gaming preferences.

We are thrilled that Lucid Games is now part of LightSpeed Studios family. We’ll continue to enjoy full independence in the games that we create and the operation of the studio, while having the support from LightSpeed Studios’ global network and technology capabilities.
Lucid Games

With Tencent’s resources, Lucid Games can access enhanced development tools and a broader distribution network, reaching a larger audience. This acquisition benefits both Tencent and Lucid Games, allowing them to shape the gaming landscape and deliver captivating experiences to players worldwide.

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Sai T.

Sai is a social media manager and senior web content creator who spends his days juggling game research, deadlines, and the usual existential crisis. When he isn’t crafting content that hopefully goes viral, he’s a dedicated single parent doing his best to navigate work life balance. And in the rare moments when free time actually appears, he’s usually found with his two dogs, who are fully convinced they’re the ones in charge.