Embracer Group announced a major purchase. Through its subsidiary Saber Interactive, it acquired 100% of Malta-based 4A Games. The studio is best known as the developer of the Metro shooter series.
Embracer Group, the THQ Nordic parent company, has raised $164 million through a direct share issue.
Saber Interactive will now become part of Embracer Group. It will be the fifth operating company of the group previously known as THQ Nordic AB.
Studio Saber Interactive acquired a Portuguese developer. It will handle the distribution of two unannounced projects for PC and consoles.
Former id Software director Tim Willits got himself a new gig at Saber Interactive.
World War Z zombie shooter dramatically boosted revenue growth for Focus Home Interactive in the first fiscal quarter. The game developed by Saber Interactive is responsible for 42% of the publisher’s earnings for the period.