hug group plans to continue acquisitions and gradually improve its position in the market. The owner of THQ Nordic and the Czech studio Warhorse has been performing since 2020 62 acquisitionsincluding Gearbox Software, Deep Silver, 4A Games and Asmodee, for $8.1 billion. As a result, the company completed 115 development projects.
If anyone expected the Swedish group to slow down, in an interview with the Financial Times, CEO Lars Vingefors said they intend to keep up and continue to buy more studios and publishers in the coming years.
Embracer Group has new investments heading towards free games and countries such as the UK, US, Poland, France and China.
Source: War Horse Studios10 Things We’re Looking For From The Kingdom Come: Deliverance Sequel
Embracer Group’s largest purchase in December 2021 was the acquisition of a French company asmodee, which produces board games, for 2.75 billion euros. Embracer won again last month Dark Horse Media. She paid an undisclosed amount to a leading American comic book publisher.
Last year, the company bought Borderlands developer Gearbox for $1.4 billion, and in 2021 acquired World War Z and Spell 3 developer Saber Interactive in a deal that could rise to $525 million.
The company owns not only the Prague studio Warhorse Studios, where they created Kingdom Come: Deliverance, but also Brno Ashborne Games and the Slovak Nine Rocks Games.
At the end of 2021, Embracer Group representatives made it clear that in the next five years will release 25 big-budget games for PC and unspecified consoles.
Source :Indian TV
