Tencent acquires Key parent company Visual Arts

The studio behind AIR, Clannad, Kanon, and more.

Tencent has acquired Visual Arts, the parent company of AIR, Clannad, and Kanon developer Key, the companies announced.

Additionally, current Visual Arts CEO Takahiro Baba will step down and Genki Tenkumo (Okano Tohya) will become the new CEO.

“Visual Arts will remain Visual Arts, and the staff will continue to do the things it wants to do,” the company said in a statement.

According to Visual Arts, the acquisition will allow it to grow further and become a more global intellectual property owner.