The deal is worth $300 million.
Embracer is a quietly huge publishing group, which operates more than 100 studios including the likes ofdeveloper Gearbox, Saber Interactive, and THQ Nordic. It also owns comics and entertainment brand Dark Horse. Embracer says that, when the deal with Square Enix closes, it will have a total of 124 internal studios and 14,000 employees.
”We are thrilled to welcome these studios into the Embracer Group,” co-founder and CEO Lars Wingefors said in a statement. “We recognize the fantastic IP, world class creative talent, and track record of excellence that have been demonstrated time and again over the past decades. It has been a great pleasure meeting the leadership teams and discussing future plans for how they can realize their ambitions and become a great part of Embracer.
Square Enix originally began its move into Western game development in 2009 with its acquisition of Eidos Interactive, during which time it oversaw new
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Man shot to death in Chesterfield Square community of LAA man, about 40 years old, was fatally wounded in the Chesterfield Square community of Los Angeles, authorities said Saturday.
Read more »
Man stabbed, killed inside Times Square Dave & Buster's: NYPDPolice say a 39-year-old man was stabbed to death at the popular entertainment location.
Read more »
Broadway dreams start to become reality at Circle in the Square Theatre SchoolBeneath Broadway's famed Circle in the Square Theatre on West 50th Street, the next generation of actors are honing their craft. AliBaumanTV reports.
Read more »