Remedy cooperates with Tencent to develop a multiplayer game codenamed Vanguard

Remedy’s recent deal with Epic Games did not prevent developers from taking action elsewhere in the industry. In communication with investors, it was revealed that Remedy Games has established a cooperative relationship with Tencent for a global licensing, development and distribution agreement for a new type of cooperative multiplayer game currently code-named Vanguard.

It is said that Vanguard is a free, cooperative, PvE shooting game. It is an IP owned by Remedy. It will combine “Remedy’s narrative expertise and action gameplay to create an immersive multiplayer experience.” This transaction will obviously enable Tencent to localize and release the game in “selected Asian markets,” while Remedy will be responsible for global development and distribution in other regions. It also allowed Tencent to obtain a license to create a mobile version of the two entities “agreeing to a separate revenue sharing plan.”

The following is a statement from Remedy Entertainment CEO Tero Virtala on the partnership:

“Vanguard marks Remedy’s first entry into the game-as-a-service business model executed by our team of top free game experts. On top of Remedy’s strengths, we are building something new and exciting for the cooperative multiplayer gaming space. Expanding our ability to assume publishing responsibilities is the next step in our company’s development. We are very happy to establish a long-term partnership with Tencent and can confidently say that it is well suited to support Vanguard’s ambitious plan. Vanguard is a global opportunity, Tencent can support Remedy internationally and lead operations in Asia and the mobile market.”

We don’t know much about Vanguard except for Vanguard, which was developed for game consoles and PCs using Unreal Engine.You can read the full announcement on Remedy’s investor website here, And then, read its current deal with 505 Games, which includes another multiplayer game set in the Control world. For more remedies, check out the Alan Wake 2 trailer from The Game Awards earlier this month.