Story perspectives
Private Equity Acquires Splash Damage, Project Astrid Continues
9/26/2025
38 7
1 of 1
Story summary
- Splash Damage is now owned by private equity investors after parting ways with Tencent, with the leadership remaining in place.
- Founded in 2001, Splash Damage rose to prominence with Wolfenstein: Enemy Territory and collaborated on Gears of War.
- Tencent acquired Splash Damage through Leyou Technologies in 2020.
- The studio reportedly continues Project Astrid, an open-world survival game with Twitch streamers.
