Chinese conglomerate Tencent already owns a sizable chunk of the international game industry, and today it’s picked up a little bit more. The megacorporation has announced its acquisition of Slamfire, Inc., the parent company of Turtle Rock Studios. Turtle Rock is the studio behind Back 4 Blood, Evolve, and the original Left 4 Dead.

“Turtle Rock will become part of Tencent, while retaining its independent operations out of Lake Forest, CA” as explained in a press release. Co-founders Phil Robb and Chris Ashton will continue to lead the studio. “The acquisition will have no effect on Back 4 Blood”, which is published by WB Games.

“We get to do something we have never done before as a studio: turn a universe we created into a true long-standing AAA franchise,” the devs say in a message to fans. “We can now ensure that the Back 4 Blood franchise is here to stay and we will be working on it well into the future.”

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