Tencent continues its relentless policy of acquisitions with Stunlock Studios, the Swedish game developer known for games like Bloodline Champions, Dead Island: Epidemic, and most recently Battlerite.

Yesterday, a press release revealed that Tencent purchased a majority stake in the company. Michelle Liu, CEO of Tencent Games Global, said:

Stunlock Studios CEO Rickard Frisegård added:

Just a couple of days ago, Bloomberg reported that Tencent may be gearing to buy UK developer Sumo Digital in a whopping $1.2 billion deal. The Chinese giant already fully owns Riot Games, Funcom, Sharkmob, and Leyou, while also having majority stakes in Klei Entertainment, 10 Chambers Collective, Yager Development, Grinding Gear Games, and minority stakes in Epic Games, Fatshark, Dontnod Entertainment, Kakao Games, Krafton, Frontier Developments, Activision Blizzard, Ubisoft, Paradox Interactive, Remedy Entertainment, and Bohemia Interactive. They also announced a capital investment in PlatinumGames.

As for Stunlock Studios, the Swedish developer recently announced V Rising, a vampire survival game where you will both cooperate and compete with other players. It will retain Battlerite’s acclaimed combat and the top-down camera while introducing other elements, such as a gothic open world, crafting, castle management, and more. The Closed Beta is due to begin later this year; you can sign up for it on this page.