Digital Extremes: Difference between revisions

'''Digital Extremes Ltd.''' is a Canadian [[video game developer]] founded in 1993 by James Schmalz. They are best known for creating ''[[Warframe]]'', a free-to-play cooperative online action game, and co-creating [[Epic Games]]' [[Unreal (video game series)|''Unreal'' series]] of games. Digital Extremes is headquartered in [[London, Ontario]]. In 2014, 61% of the company was sold to Chinese holding company Multi Dynamic, now [[Leyou]], for $73 million.<ref>{{Cite news|url=https://venturebeat.com/2017/09/02/gamesbeat-boss-interview-chinas-leyou-moves-from-chicken-meat-to-triple-a-game-publishing/|title=GamesBeat Boss interview: China's Leyou moves from chicken meat to triple-A game publishing|date=2017-09-02|work=VentureBeat|access-date=2018-07-24|language=en-US}}</ref> OnIn May 22, 2016 [[Leyou]] exercised a call option and increased their stake to 97% of Digital Extremes for a total consideration of $138.2 million US.<ref>{{Cite web|url=https://www.bennettjones.com/Mandates-Section/HKSE-Listed-Leyou-Technologies-Acquires-Balance-of-Digital-Extremes-from-Founders|title=HKSE-Listed Leyou Technologies Acquires Balance of Digital Extremes from Founders {{!}} Bennett Jones|website=www.bennettjones.com|access-date=2019-10-25}}</ref> In December 2020, Tencent bought Leyou for 1.3 billion dollars, which included the majority stake in Digital Extremes that Leyou held.