Remedy partners with Tencent to create a multiplayer game codenamed Vanguard

Remedy’s recent relationship with Epic Games hasn’t stopped the developer from taking action in other industries. In a conversation with investors, it was revealed that Remedy Games has forged a relationship with Tencent to globally license, develop and distribute a new co-operative multiplayer game, codenamed Vanguard.

Vanguard is said to be a free co-op PvE shooter, IP owned by Remedy, that will combine “Remedy’s narrative experience and action-packed gameplay into an immersive multiplayer game.” The deal is likely to allow Tencent to localize and publish the game for “select Asian markets,” while Remedy will develop and distribute the game to other territories. It also gives Tencent a mobile license, for which the two companies have “agreed on a separate revenue sharing scheme.”

Here’s a statement from Remedy Entertainment CEO Tero Virtala about the partnership:

“Vanguard marks Remedy’s first entry into the Games-as-a-Service business model, implemented by our high-profile team of free-to-play experts. We are creating something new and exciting for co-op multiplayer beyond the strengths of Remedy. Expanding our ability to take on publishing responsibilities is the next step in the development of our company. We are delighted with this long-term partnership with Tencent and we can confidently say that it is a great fit to support Vanguard’s ambitious plans. Vanguard is a global opportunity and Tencent can support Remedy internationally and lead operations in Asia and the mobile markets. ”

We don’t know much about Vanguard other than that it is being developed for consoles and PCs using the Unreal Engine. You can read the full announcement on the Remedy investor website. hereand then read about his current contract with 505 Games, which includes yet another multiplayer game set in the Control universe. For more on Remedy, watch the trailer for Alan Wake 2 from The Game Awards earlier this month.

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