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Tencent acquisition of Techland, which took place in 2023, is estimated to have been valued at around $1.6 billion

Some additional context via purple forum:

In Poland, there were 366 transactions on the mergers and acquisitions market in 2023, which means an increase of 25 transactions compared to 2022 - Navigator Capital and Fordata reported in a joint report. The largest acquisition transaction in this period was the takeover of Techland by the Chinese company Tencent.

The value of this transaction is estimated at approximately PLN 6.3 billion. The second largest transaction was the takeover of the bookmaker STS Holding by Entain CEE, estimated at PLN 3.9 billion.

PLN 6.3B is roughly $1.6B which would place it in the top 15 of largest videogame company acquistions.
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In what world is Techland worth 1.6 billion??? What IP do they have worth that much???

The western studios of Square Enix were sold with the IPs of Tomb Raider, Deus Ex, Thief, and Legacy of Kain for only 300 million in literally the same year!

Florence Pugh GIF by BAFTA
 
Thats a lot for one studio. That Insomniac deal looks better every day.

Well outside of the licensing costs for the Marvel games (seemingly), it does.

Though there's some good in having the flexibility of costs on a per-title basis and the studio itself comparatively inexpensive (though I'm guessing various perf & bonus pays are tied to the market performance of games made with those licenses).
 
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