FromSoftware, the Japanese studio that went from a niche developer that produces mini-hits, to the creator of Elden Ring – 2022’s best-selling game so far – is and has been a hot target for acquisition and acquisition speculation.
But while FromSoftware has not been bought by any big player, major companies are quickly buying up stock in Kadokawa, the corporation that owns FromSoftware.
Kadokawa announced this morning in a press release [PDF] that it has issued new shares of its stock in FromSoftware to Chinese giant Tencent, and Sony Interactive Entertainment.