LightSpeed Studios, owned by Tencent, has joined up with the Open 3D Foundation who oversee the Open 3D Engine (O3DE). They've joined as a Premier Member joining the likes of Adobe, Epic Games, Microsoft, Intel and others. This means they will be giving resources to the Open 3D Foundation to further development of the Open 3D Engine.
On top of that though and I'm sure this will raise some eyebrows, Tencent Senior Project Manager, Lanye Wang, will join the Open 3D Foundation's Governing Board.
From the press release:
“We are very excited to join the Open 3D Foundation, especially for the opportunity to leverage the connection with all of the other members to dive deep into the graphic technologies and build a top-level open source 3D engine community,” said Lanye Wang, representing LightSpeed Studios. “We look forward to working with you.”
“It has been amazing to see the rapid growth of the O3D ecosystem, and we’re elated to welcome LightSpeed Studios to our community,” said Royal O’Brien, Executive Director of Open 3D Foundation and General Manager of Games and Digital Media at the Linux Foundation. “LightSpeed Studios has achieved a strong reputation as a leading global game developer, offering high-quality gaming experiences to hundreds of millions of users worldwide, and we are excited to collaborate with them as we enhance O3DE’s capabilities for global 3D developers.”