Tencent Shuts Down TiMi Montréal, Halting Western AAA Game Development Ambitions

February 22, 2026
Tencent Shuts Down TiMi Montréal, Halting Western AAA Game Development Ambitions
  • Tencent closes TiMi Montréal, its Western development arm founded in 2021 to work on AAA open-world, multi-platform titles, after five years without releasing a game.

  • TiMi Montréal was announced in mid-2021 with a mission to create AAA open-world games across platforms as part of Tencent’s broader push to expand Western studio presence.

  • Staff and affiliates on LinkedIn indicate the closure was official and anticipated by employees for some time.

  • The closure sits within broader industry movements around Tencent-backed teams and notable departures tied to NetEase’s Western strategy.

  • Analysts view the shutdown as part of a pattern of North American studios facing layoffs or shutterings as publishers reassess geographic and financial priorities.

  • This exit reflects a wider trend of Chinese tech giants scaling back Western game development investments, including concurrent moves by NetEase.

  • Over the past 18 months, Tencent and other Chinese publishers have retreated from Western studio expansions, with funding reductions echoed by NetEase.

  • Employees and external reporting express disappointment over the unfinished potential of TiMi Montréal and its projects.

  • Ashraf Ismail, former Assassin’s Creed creative director, had joined TiMi Montréal a few years prior to the closure, leading the studio.

  • LinkedIn estimates the studio employed roughly 5,000 to 10,000 people, though numbers vary by source.

  • No recent released titles or publicly disclosed collaborations have been linked to TiMi Montréal, and project involvement remains unclear.

  • The shutdown highlights shifts in global gaming strategy, potentially affecting employment, partnerships, and the pipeline for Tencent’s Western-facing projects.

Summary based on 5 sources


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