Tencent grabs stake in our client, Killsquad developer Novarama

We have helped our client Novarama obtain investment from top Chinese game developer Tencent. This has been done through the acquisition of a stake in this Spanish game studio. Based in Barcelona, Novarama is currently working on an unannounced, multi-platform MMO. The company was established in 2003 and worked exclusively with Sony for over a decade on the Invizimals franchise for PSP, PS Vita, and PlayStation 3. More recently, the studio released action-RPG Killsquad on Steam. Tencent didn’t disclose the size of its investment, simply explaining it will “take a stake” in the company under the terms of the investment agreement.

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