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Astra Chain and Bayonetta developer Platinum Games have announced a partnership with Chinese tech giant Tencentto enhance their game development ambitions.

Platinum Games receives capital investment

Platinum Games CEO and President Kenichi Sato indicated in a statement that the company had received a capital investment from the Chinese giant. However, Sato affirmed that this capital alliance will not affect the company’s independence or its corporate structure.

The CEO added that the capital investment will help the company in strengthening its foundation as a business as well as expansion to the self-publishing of games. Sato also indicated that the partnership will give them a wider global perspective as they create quality games.

The game developer has been pursuing the idea of publishing its games for some time. In May Atsushi Inaba, the Platinum Studio head expressed dissatisfaction in using an external company to publish their IPs. He added as a developer; the company was looking to get to a point where they can self-publish to enable the company to own its IP and do anything, including the making of sequels. Inaba said that they wanted to do that faster, which will be beneficial for its creators.

Platinum Studios seeking self-publishing of its games

Therefore the hands-off investment of Tencent will help Platinum Games to pursue this initiative of self-publishing as well as push sequels to original IPs. Similarly, Inaba added that the company was working on a new IP that he said will be something yet to be done. Hopefully, the capital investment will enable the company to come up with more developments in2020.

For now, Platinum has three projects, which include World of Demons for DeNA, Bayonetta 3 for Nintendo, and Babylon’s Fall for Square Enix. The company will re-release it’s most popular action games, Vanquish and Bayonetta, in a remastered form on Xbox One and PlayStation 4 in February.

Currently, Tencent, which owns Riot Games, is the largest gaming company globally. The company also has investments in Epic Games, Ubisoft, and Blizzard. Last year Tencent and Nintendo teamed up to co-develop Pokémon games with Pokémon Company.