BISim Statement on Tencent investment into former owner Bohemia Interactive

Feb 09, 2021

ORLANDO, Fla. (USA) — Commercial game developer Bohemia Interactive recently announced that Tencent Holdings agreed to acquire a minority stake in the company. Bohemia Interactive’s announcement has no impact on the operations or ownership of Bohemia Interactive Simulations.

Bohemia Interactive Simulations (BISim) is owned by New York-based private equity firm The Riverside Company and has been a completely separate company from Bohemia Interactive since 2013.

"Bohemia Interactive is not and has not been an active participant in BISim’s business for many years,” said BISim CEO Arthur Alexion. “BISim has been a completely separate business from Bohemia Interactive since Riverside acquired BISim in 2013. We have no commercial links or ongoing business relationship with Bohemia Interactive."

There is no communication of any kind between Tencent and Bohemia Interactive Simulations, nor any kind of investment discussion.

About Bohemia Interactive Simulations

Founded in 2001, Bohemia Interactive Simulations (BISim) is a global software company at the forefront of simulation and training solutions for defense and civilian organizations. BISim utilizes the latest game-based technology and a 200-strong, in-house team of engineers to develop high-fidelity, cost-effective training and simulation software products and components for defense applications.

Globally, many hundreds of thousands of military personnel are trained every year using VBS software products. More than 60 NATO and NATO-friendly countries and over 300 integrators/prime contractors use VBS technology, many making significant funding commitments to extend VBS product capabilities. Customers include the U.S. Army, U.S. Marine Corps, Australian Defence Force, Swedish Armed Forces, French MoD and UK MoD and most major integrators. VBS products have become, by far, the world’s most widely used COTS product range in the military-simulation sector, supporting hundreds of military use cases and vastly greater military exploitation than any comparable products.