Path of Exile – Tencent Buys Up Controlling Shares in Grinding Gear Games

The New Zealand Herald is reporting that Chinese megacorporation Tencent Holdings has bought up a controlling stake in Grinding Gear Games, developers of Path of Exile. The purchase was made after GGG sold up to 80% of its shares to Tencent. Chris Wilson told the newspaper that “the deal meant the company could expand and hire more people for its Auckland-based studio”.