Tencent Acquires Majority Stake In Spanish Game Developer Tequila Works

Tencent becomes the majority shareholder of Tequila Works (Photo: Tequila Works)

JAKARTA - Tequila Works announced that today it welcomes Tencent as the majority shareholder of the Madrid-based game development studio.

Tequila Works was founded in 2009 by Raúl Rubio, and is known for popular titles such as Deadlight and Rime.

“For 12 years, the team at Tequila Works have passionately created high-quality titles that exude our personal sensibilities,” says Tequila Works CEO Raúl Rubio in a release. "But there is a limit to how much you can grow on your own".

Tequila Works welcomes Tencent as a majority investor.https://t.co/AZSv8o3T24

— Tequila Works | Song of Nunu ❄️ (@TequilaWorks) March 15, 2022

Luz Sancho, Chairman of Tequila Works said that they are very pleased to be working with a partner that allows Tequila Works to be even stronger in producing new titles.

“We are excited to be working with a partner who will allow us to make Tequila Works a more powerful studio with access to all the resources needed to produce the highest quality titles, all created with our care and passion. Dear fans know us and the opportunity to bring these projects to a wider audience,” explained Luz Sancho.

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Pete Smith, VP Partnerships for Tencent Games Global also commented on the news.

“Tequila Works' creativity and attention to detail have resulted in titles that delight audiences around the world. We look forward to working with the team and building on this foundation to realize his exciting ambitions for future games," said Smith.

Tequila Works CEO Raúl Rubio said it was very rare to find a partner like Tencent. Rubio believes that Tencent is a partner who can appreciate the value of the best creative talent with originality as their slogan.

“One that respects our independence and creative freedom. This partnership will allow us to focus on taking the native IP we know to the next level and creating the best experience we can dream of,” said Rubio.