Move could help the tech behemoth further its ambitions for the metaverse, according to people with knowledge of the matterTencent is nearing a deal to acquire Chinese gaming handset maker Black Shark, a move that could help the tech behemoth further its ambitions for the metaverse, people with knowledge of the matter said. Picture: BLOOMBERG
Tencent has begun talks to buy Black Shark, a niche maker of gaming phones and accessories, according to the people, asking not to be identified as the information hasn’t been made public. The smaller firm, whose investors include Xiaomi , will pivot to making virtual reality headsets for its new parent after the deal, one of the people said.
Alongside global giants such as Facebook owner Meta Platforms, China’s largest tech firm is a contender in the race to develop the metaverse, conceived as a virtual environment where people can interact with the internet and others. In a recent earnings call, Tencent president Martin Lau called the metaverse “a real opportunity” though he cautioned that the concept may take longer than expected to bring into reality.
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