Tencent Seeks Full Ownership of Funcom for $148 million

File this under news that you didn’t expect to see, but also aren’t all that surprised by, Tencent seeks full ownership of Funcom and they’re offering $148 million to make it happen. To do this Tencent is offering all current Funcom shareholders NOK 17.00 per share, which is 27.3% higher than the closing price of Funcom shares on January 21st. The shareholders are free to either accept or reject the offer but Funcom’s management board and supervisory board have unanimously decided to recommend that shareholders DO accept the offer.

The good news for Funcom and its fans is that if the acquisition goes through it will happen much like Tencent’s other acquisitions have, very hands-off. The management, staff, structure, and the company itself will remain as they are. This means that all the games and everything you know and love about Funcom will be staying exactly the same. Tencent has actually been a majority stakeholder in the company since October 2019.

Talking about the deal Funcom CEO Rui Casais had this to say, “We have had a great relationship with Tencent as our largest shareholder so far and we are excited about this opportunity. We will continue to develop great games that people all over the world will play, and we believe that the support of Tencent will take Funcom to the next level. Tencent will provide Funcom with operational leverage and insights from its vast knowledge as the leading company in the game space.”

Senior Vice President of Tencent Steven Ma commented, “We are impressed by Funcom’s strengths as a developer of open-world multiplayer, action and survival games. Funcom has a strong track-record in developing new titles with long life span. We are glad to deepen our relationship with Funcom and look forward to collaborating with Funcom to deliver more exciting and enjoyable game experiences to fans worldwide.”

In connection with this offer, which from the sounds of it Funcom really wants to see happen, they have announced a few changes they hope to make to the games they’re working on. This includes expanding the scope of the upcoming Dune game. To its investors, the management board of Funcom had this to say, “The Management Board is of the opinion that these factors justify a more ambitious Dune project to launch after around two years of production time. Such increased focus would require a redirection of resources from other initiatives, the most significant being the co-op shooter game, initially scheduled for release during 2020 that has been impacted by scope changes due to external/market pressures with increasingly strong competition and internal delays. The Management Board believes that the scope and ambition level for the Dune game should be larger than Conan Exiles to allow the game the best possible chance of maximizing its very large potential. If these proposed changes are approved by the Supervisory Board, it is likely that the Company will need additional financing to supplement the revenue generated from current operations.”

This will result in the delay of this co-op shooter game until after the release of the Dune game. Just last week they announced that the horror game Moons of Madness would be delayed until March 24th.

 

Source: Press Release

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Former April Fools Day Joke Conan Chop Chop Gets a Release Date

Funcom and Mighty Kingdom announced Conan Chop Chop, the stick figure action-adventure game set in the Conan the Barbarian universe on April Fools Day and of course everyone thought it was a joke. But what we didn’t know then was that it is a real game. It got delayed for a short time thanks to the popularity it has seen online. This is because the studio decided to make it even more than it was originally planned to be.

At the time of the delay, it was quite vague when we would hear about the game again. We only knew that they were going to make it even better and that would take time. Well, now we know that Conan Chop Chop will be released on February 25, 2020. It is going to be launching on Xbox One, Nintendo Switch, Playstation 4, and PC all at the same time. What’s new? Well, they’ve added a fully online multiplayer. Previously the game was going to be a local co-op game, oh and you can also play it single player.

Talking about the game and development of it CEO of developer Mighty Kingdom Philip Mayes said this; “We have had so much fun developing this game, that I actually have mixed feelings about the end being nigh. An action-adventure rogue-lite party-game. Featuring Conan. I mean, what more can you ask for? It’s been hard work, but really enjoyable. Some of my favorite moments were in LA and Cologne, where we got to see how much people enjoyed playing Chop Chop. And now that we have polished the game further, I am really looking forward to seeing the reception it will have at launch.”

Conan Chop Chop does have a Steam page and you can add it to your wishlist but it isn’t yet available for purchase. With only 2 months to go until launch, it doesn’t seem like there is going to be a pre-order.

 

Source: Press Release

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Funcom Conan Games Free to Play This Weekend

If you’ve been meaning to give the Funcom Conan games a try then this weekend you are in luck. Age of Conan: Unchained, Conan Exiles, and Conan Unconquered are all free to play on Steam this weekend. Age of Conan is a free to play MMO so technically it isn’t really included in this free weekend, but it sounds better when you can say that all of them are free to play. If you decide you want to buy Conan Exiles or Conan Unconquered they will also be available at a discounted price until September 30th.

As previously mentioned, Age of Conan is the free to play MMO from Funcom. It is an 11 year old game with a dedicated playerbase. It is perhaps best known for its female nudity. It has had a number of expansions which you will get in the Hyborean Collector’s Edition on Steam for 60% off.

Conan Exiles is a survival game that enjoyed quite a lot of popularity while that was the genre everyone was making. It’s best known for its penis slider as it offers equal opportunities for nudity. The Standard and Deluxe Editions are 50% off while the Complete Edition is available for 40% off.

Conan Unconquered Preview Watching the World Burn

Then there is Petroglyph’s RTS Conan Unconquered. Petroglyph is the studio made up of former Westwood employees who made Command & Conquer and Earth and Beyond. They worked with Funcom to make Conan Unconquered which is both single player and has online co-op options. Conan Unconquered available for 30% off.

Notably Conan Chop Chop isn’t included in this, and that’s because it was delayed until Q1 2020 so they could add more features to the game. This is a stick figure action combat game that was once just an April Fools Day joke and now is going to be a reality.

 

Source: PCGamer

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Conan Chop Chop Delayed Until 2020

Today Funcom and Mighty Kingdom have announced that Conan Chop Chop has been delayed until 2020. While normally a delay would be cause for concern this one is actually a very good thing. After a very successful demo this summer the two companies have decided to increase their investment in the game, making it bigger and better.

“We had an absolute blast showcasing the game at E3 and Gamescom earlier this year. It was especially gratifying to see how much fun people had playing the game in co-op mode. The teamwork, the banter, the way people moved ever so sneakily towards their near-death companions in order to pick up their gold when they fall… We couldn’t have been happier with the reception,” says founder and CEO of Mighty Kingdom Philip Mayes.

“One of the things we get to do with the extra time is expand multiplayer from just couch co-op to also include full online multiplayer,“ says Mayes. “This has undoubtedly been THE most requested feature after we started showing off the game, so we’re very excited for the opportunity to bring that in.”

Now the game is due to release in the first quarter of 2020 on PC, Xbox One, and Playstation 4, and Nintendo Switch. Conan Chop Chop was first announced as an April Fools Day joke but it turned out not to be a joke at all. At E3 the game was formally announced and it was said that the game would launch on September 3rd. Which is of course just a little bit over a week away.

It might just be a silly stick figure Conan game, but honestly, it looks like it will be a blast to play and we can’t wait to see what else they do with it now that they’ve given themselves a few more months of development.

 

Source: Press Release

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E3 2019: PC Gaming Show Press Conference

The PC Gaming Show at E3 2019 is now done and from the looks of it, 4v4 and small team games are the in thing right now. We also got a glimpse of an all-new survival MMO and Warframe’s next expansion. Below you’ll find everything multiplayer that was revealed at the PC Gaming Show this year.

 

Midnight Ghost Hunt

If Ghostbusters were a multiplayer game it would be Midnight Ghost Hunt, a 4v4 game where you’re either a ghost or you’re a hunter. For the first 4 minutes of a match hunters are going after ghosts, defeating them as they enter objects to hide. But the ghosts aren’t going down without a fight. This is a prop hunter game where the props fight back. If any ghosts survive to the 4-minute mark in this giant game of hide and seek then the tides of battle turn and the ghosts get the upper hand. All of the ghosts, even those who have been defeated come back more powerful than before. These spirits aren’t happy and the hunters become the hunted.

 

Conan Chop Chop

A stick figure Conan game, yes, you have heard of that before. Funcom announced Conan Chop Chop as an April Fools Day joke, but it turns out that it wasn’t a joke at all. The game is being developed by Mighty Kingdom and published by Funcom. It’s a roguelike hack-and-slash game with 1-4 players in co-op. Conan Chop Chop, the game you never knew you needed until now will be launching on September 3rd for PC, Xbox One, Playstation 4, and Nintendo Switch.

 

Last Oasis

A nomadic survival MMO that is set in a future post-apocalyptic world where the world has stopped turning and there is only a wasteland of darkness or light. Only a small strip in between is habitable. The remnants of humanity have built a large walking city. The game is being made by Donkey Crew, an indie studio that started as a passionate group of Mount & Blade modders. Last Oasis is set to enter Steam Early Access on September 3rd.

 

Vermintide 2 Versus

4v4 is coming to Vermintide 2 turning you into the Skaven and other enemies from Vermintide 2. You can sign up to take part in the beta right now on the official site. “The player has always been the hero of the game, but in the Versus mode, players will now be able to play as the enemy factions.” says Martin Wahlund, CEO Fatshark. “Versus is a competitive game mode where two separate teams of four players take turns playing as the enemies and heroes.”The next expansion for the game is also coming this August.

 

Warframe

We got our first trailer for Warframe’s upcoming expansion Empyrean ahead of the full reveal of the expansion at TennoCon on July 6th. This expansion was previously called Railjack and had a whole lot of hype in the community.

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