The idea generated several

[sumaiyakhatun29]

rounds of new investments, which resulted in a total contribution of $8 million. One of the investors was the Chinese holding company Tencent, which would later become its distributor in China. League of Legends was officially launched in 2009, as a free-to-play game, so that the company could make adjustments based on player feedback. In 2011, with the success of the game, Tencent paid $400 million for a 93 percent stake in Riot Games.


And the remaining 7 percent was purchased by the Chinese company in austria whatsapp number database December 2015. The price was not disclosed. By 2013, League of Legends was already the most-played multiplayer PC game in the world. Three years later, there were more than 100 million players. And, by May 2008, Riot Games would already employ over 2,500 people, in 24 offices around the world. Last year, Riot Games acquired Hypixel Studios, which they had been investing in over the previous three semesters, to help them publish Hytale, a voxel-based sandbox game.


Who Owns Riot Games Riot Games was acquired in February 2011 by a Chinese technology multinational company, Tencent, for the amount of US$ 400 million. While Ma Huateng is Tencent’s CEO, Riot Games has Brandon Beck and Marc Merrill as Co-Chairmen, and Nicolo Laurent as the CEO. Riot Games’ Mission & Values Riot Games’ mission statement is “We aspire to be the most player-focused game company in the world”.