The emergence of popular titles such as Borderlands, The Division and Destiny have given rise to the looter shooter genre. By
acquiring Sharkmob, the world’s largest gaming company might be looking to capture a new genre after conquering battle royale.
Shenzhen-based Tencent recently bought out the Swedish game developer for an undisclosed sum. If you haven’t heard about Sharkmob, don’t worry: They haven’t done anything yet. But the two-year-old Swedish company is founded by
a group of ex-Ubisoft employees led by Fredrik Rundqvist, former chief operations officer of Massive Entertainment and executive producer of the looter shooter game The Division.