Home Gaming Serial Game Studio Buyer Embracer Could Acquire at Least 20 More Companies

Serial Game Studio Buyer Embracer Could Acquire at Least 20 More Companies

Embracer Group, the Swedish video games holding firm and writer previously generally known as THQ Nordic AB, already incorporates multitudes after a spree of acquisitions lately. And now it apparently has 20 extra firms straight in its sights.In an investor presentation launched alongside its full-year monetary outcomes at this time, Embracer revealed that it has “engaged with” over 150 firms about becoming a member of Embracer over the past three months alone.

Though it can’t specify what these firms are at this time, the report says that quantity contains “bigger firms that would kind extra working teams.” For context, its present working teams embrace Koch Media, THQ Nordic, Saber Interactive, and recent acquisition Gearbox Entertainment.Furthermore, Embracer says it’s in over 20 “late-stage talks” with firms for potential acquisition, although it once more doesn’t present data on what sorts of firms these could be. Aside from the bigger working teams, THQ Nordic additionally owns a number of smaller operations, resembling QA firm Quantic Lab, PR firm Sandbox Strategies, and the current acquisition of Swedish studio Frame Break.

Embracer has had acquisition fever lately, selecting up over 30 completely different firms within the final two and a half years. In its report, nevertheless, Embracer says that its “willpower to not turn out to be a ‘company machine’ is as sturdy as ever,” emphasizing its need to give attention to encouraging “founder creativity.” It recently raised almost $900 million for future acquisitions.

The firm additionally reported plenty of milestones in its earnings, resembling Valheim promoting 6.8 million copies from its launch in February 2021 to the tip of March, with the corporate anticipating it to promote between one and 1.2 million copies extra between April and June.

Embracer’s inside studios have 160 extra growth initiatives within the works at this time (up from 150 in February), two-thirds of which have been both in new franchises, or ones that have not had a brand new launch in at least 5 years such as the new TimeSplitters game the writer additionally introduced at this time.

Rebekah Valentine is a information reporter for IGN. You can discover her on Twitter @duckvalentine.

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