Embracer Group

Embracer Group continues to “optimize”. Free Radical Design will be closed, Fishlabs will lose half of its employees

Embracer Group continues to “optimize” its portfolio by closing and downsizing studios that the Swedish holding actively bought in 2018-2022. This time, Free Radical Design and Fishlabs were not so lucky. The British Free Radical Design, the authors of TimeSplitters 1/2 and Second Sight, which was closed in 2014 and ... Read more

Despite rumors, the remake of Star Wars: Knights Of The Old Republic remake is still being worked on

The long-suffering remake of Star Wars: Knights Of The Old Republic is still in the works, despite rumors that the project has been canceled. This was told by Jason Schreier. Earlier this year, Sony removed all references to the KOTOR remake, which alarmed fans of the game, as it could ... Read more

Embracer is considering selling Gearbox Entertainment, the studio that created the Borderlands shooter

The Swedish company Embracer is considering the possible sale of Gearbox Entertainment, which created the popular first-person shooter Borderlands. This is reported by Reuters with reference to informed sources. According to them, Embracer is working on this issue together with Goldman Sachs and Aream & Co. It is also reported ... Read more

Embracer Group to close studios and cancel games after $2 billion deal collapses

Swedish gaming conglomerate Embracer Group will undergo a major restructuring that will require it to close several studios and cancel a number of games. The news came shortly after the publisher’s $2 billion deal unexpectedly fell through, writes Polygon. According to the company’s CEO Lars Wingefors, the restructuring is divided ... Read more

Embracer Group has acquired the rights to Lord of the Rings and The Hobbit

The Swedish publishing company Embracer Group continues to buy everything one after the other – it already owns more than a hundred studios, such as Dark Horse Media, Gearbox Entertainment, Saber Interactive or THQ Nordic, and famous franchises (for example, recently Embracer acquired the rights to Tomb Raider, Deus Ex, ... Read more

Square Enix sells a number of companies and gaming franchises to the Embracer Group

Swedish company Embracer Group in the official press release reports that it has reached an agreement with Square Enix to acquire three developer studios and several gaming IPs. For example, the Embracer Group will include Crystal Dynamics (developer of the Tomb Raider modern trilogy), Eidos-Montreal (Marvel’s Guardians of the Galaxy, ... Read more