It's official: Tencent is buying Techland.

Techland's CEO Paweł Marchewka broke the news in an official blog post, emphasizing that the alliance will help the studio realize its ambitious plans for both existing and upcoming games.

Founded in 1991 by Marchewka, Techland first gained acclaim with the first-person shooter series Call of Juarez. However, it was the release of the open-world zombie game Dead Island and its sequel, Dead Island: Riptide, in 2013 that propelled the studio into mainstream gaming. After parting ways with publisher Deep Silver over creative differences, Techland launched Dying Light, the spiritual successor to Dead Island. The second installment, Dying Light 2: Stay Human, is their most recent release.

The acquisition by Tencent adds another feather to the Chinese titan's cap, who owns stakes in notable gaming companies like Riot Games, Epic Games, FromSoftware, and Supercell. This move cements Tencent's status as the largest video game company globally by revenue.

Despite the increased scrutiny on its mergers and acquisitions activity in the past few years, Tencent's ambition to bolster its global gaming portfolio remains undeterred.