Tencent to buy Xiaomi's BlackShark Gaming division for $470M

Ro, 10 January 2022

A new report claims that the Chinese giant Tencent Games is about to acquire Xiaomi's BlackShark Gaming division in a deal worth approximately CNY 3 billion. That's a little over $470 million.

Breaking:
Tencent will acquire BlackShark Gaming part of xiaomi group in 3 billion yuan.#Tencent #BlackShark #Xiaomi pic.twitter.com/zcFLdSyG9C
— Abhishek Yadav (@yabhishekhd) January 10, 2022

Details surrounding the acquisition are scarce and an official statement on the matter is still missing. Should it come to pass though Tencent will finally enter the gaming smartphone segment with a hardware offer of its own.

Previously Tencent struck partnerships with various smartphone makers, including Asus for its ROG Phone and nubia for the Red Magic series. With BlackShark, the company might be able to take its business overseas as well given that Xiaomi's division has already penetrated some big markets.

Reader comments

Sin
24 Feb 2023
0Rf

Who owns the black shake gaming phones brand now tensent or Xiaomi??

DaFink
11 Jan 2022
TkW

Again why would I need to wait for Apple to make such a product? why can't I simply go out and purchase any of the existing offerings available on the market? For your argument to make any sense whatsoever, I would need to be restricted in ...

Android.Authority
11 Jan 2022
MxL

Clearly you got triggered by me mentioning the existence of gaming gods on Android. If you weren't jealous, you wouldn't have bothered replying to my post which was directed towards some other user. The grapes are sour... Get well soon...