All publications by tag «Embracer Group»
Saudi Arabia’s wealth fund invests $1 billion in Embracer Group, becomes its second-largest owner
Savvy Gaming Group, established by Saudi Arabia’s Public Investment Fund, has acquired a $1 billion stake in Embracer Group. This marks its second large investment in the Swedish games industry this year.
Embracer Group reports annual net sales of $1.7 billion, seeing great potential in IPs like Deus Ex and Thief
Embracer Group has released a financial report for the year ended March 31, 2022. The Swedish holding company recorded revenue growth, while also sharing its further M&A plans and saying that it now has over 200 titles in its pipeline.
Embracer Group to acquire Eidos and Crystal Dynamics, as well as Deus Ex and Tomb Raider rights for €300 million
Embracer Group continues its expansion by entering into an agreement to acquire several studios and IPs from Square Enix. The list includes Tomb Raider developer Crystal Dynamics and Deus Ex maker Eidos Montreal.
34BigThings’ Valerio Di Donato on how a year under Saber has treated the studio
In November 2020, Embracer Group acquired a 100 percent stake in Turin, Italy-based 34BigThings through its subsidiary Saber Interactive. We caught up with Valerio Di Donato, CEO at 34BigThings, to discuss how, if at all, the acquisition by the corporate giant has changed the studio that has always prided itself on the freedom to be “superweird.”
Embracer Group snaps up Perfect World Entertainment through Gearbox, as well as four other companies
Embracer Group’s shopping spree continues. The Swedish holding has acquired five companies, including publisher Dark Horse and Perfect World Entertainment. The latter will become a part of Gearbox Entertainment in a deal worth $125 million.
Embracer Group snaps up QA studio Bytex known for working on games like SnowRunner and World War Z
Embracer has acquired another studio through its subsidiary Saber Interactive. The Swedish holding company now has a 100% stake in Russian studio Bytex. The financial terms of the deal, however, remain undisclosed.
Embracer Group bought 27 studios in just 12 months. Analysts ask: “What happens when they run out of targets?”
Swedish holding Embracer Group has been growing rapidly thanks to its strong M&A performance. The question is what will happen when there are no more targets for the company’s future acquisitions?
Embracer’s acquisition of Gearbox leaves all Homeworld 3 investors without potential profit
Developers of upcoming RTS Homeworld 3 have been collecting donations on crowdfunding platform Fig since 2019. However, all investment reservations were cancelled after publisher Gearbox was acquired by Embracer Group.