Chinese tech and entertainment giant Tencent is becoming a majority shareholder in Polish games studio Techland.

The news was announced by the developer on its website, in which it said that it would be retaining full ownership of all its IP. That's on top of maintaining creative freedom, while Pawel Marchewka will remain as Techland's CEO.

No figure has been put on the deal,

"Teaming up with Tencent will allow us to move full speed ahead with the execution of the vision for our games," Marchewka wrote.

"We have chosen an ally who has already partnered with some of the world's finest video game companies and helped them reach new heights while respecting their ways of doing things.

"We will retain full ownership of our IPs, maintain creative freedom, and continue to operate the way we believe is right. I'm also going to continue serving as the studio’s CEO.

"I couldn't be happier about us making this giant step ahead toward the future and sharing this moment with you.

"Thank you for being with us on this journey, playing our games, and being an endless source of inspiration and positive energy that keeps us moving forward. The best memories are still ahead of us."