List of mergers and acquisitions by Embracer Group

This article is about the company's corporate mergers and acquisitions. For its acquisitions of intellectual properties, see List of acquisitions by THQ Nordic.

Embracer Group is a Swedish video game holding company controlled by Lars Wingefors. In 2016, the company was spun out of Nordic Games Group and in 2019 it was renamed Embracer Group.

As of 2024 they own more than 106 internal studios in over 45 countries in Europe and the Americas. Its subsidiaries are organized under ten groups: Amplifier Game Invest, Asmodee, CDE Entertainment, Coffee Stain Holding, Dark Horse Media, DECA Games, Easybrain, Embracer Freemode, Plaion and THQ Nordic. Each group has its own operations, subsidiaries and development studios.

Acquisitions

Date	Company	Country	Parent company	Value	Ref.
August 2017	Black Forest Games	Germany	THQ Nordic	€1,360,000	[1] [2]
	Pieces Interactive	Sweden		$350,000	[3]
November 2017	Experiment 101			$8,900,000	[4]
February 2018	Koch Media Dambuster Studios Fishlabs Volition	Austria/ Germany United Kingdom Germany United States	Plaion	$149,000,000	[5]
July 2018	HandyGames	Germany	THQ Nordic		[6]
November 2018	Coffee Stain Holding Coffee Stain Studios Coffee Stain North (60%) Ghost Ship Games (35%) Lavapotion (60%) Other Tales Interactive (20%)	Sweden Sweden Sweden Denmark Sweden Denmark	Coffee Stain Holding	$34,900,000	[7]
	Bugbear Entertainment (90%)	Finland	THQ Nordic
February 2019	18Point2	Australia	Plaion	€1,900,000	[8]
	Warhorse Studios	Czech Republic		€42,800,000	[9]
May 2019	Piranha Bytes	Germany	THQ Nordic		[10]
August 2019	KSM		Plaion		[11]
	Gaya Entertainment				[12]
	Milestone	Italy		€44,900,000	[13] [14]
	Gunfire Games	United States	THQ Nordic		[15]
	Goodbye Kansas Game Invest Fall Damage (50%) Framebunker (21%) Kavalri (21%) Neon Giant (24%) Palindrome Interactive (50%)	Sweden Sweden Denmark Sweden Sweden Sweden	Amplifier Game Invest	$3,950,000	[16]
December 2019	Tarsier Studios	Sweden		$10,500,000	[17]
February 2020	Saber Interactive Saber Belarus Saber Porto Saber Russia Saber Spain Saber Sweden	United States Belarus Portugal Russia Spain Sweden	Saber Interactive	$525,000,000	[18]
	Voxler	France	Plaion	€1,900,000	[19]
May 2020	DestinyBit	Italy	Amplifier Game Invest		[20]
August 2020	4A Games	Malta/ Ukraine	Saber Interactive	$45,000,000	[21]
	New World Interactive	United States
	Rare Earth Games	Austria	Amplifier Game Invest	€3,300,000
	Vermila Studios	Spain		€900,000
	Palindrome Interactive (remaining 50%)	Sweden
	Pow Wow Entertainment	Austria	THQ Nordic
	DECA Games	Germany	DECA Games	€25,000,000
	Sola Media		Plaion	$2,700,000
September 2020	Vertigo Games	Netherlands		€50,000,000	[22]
November 2020	Flying Wild Hog	Poland		$137,000,000	[23]
	Purple Lamp Studios	Austria	THQ Nordic
	Zen Studios	Hungary	Saber Interactive
	Snapshot Games	Bulgaria
	Nimble Giant Entertainment	Argentina
	34BigThings	Italy
	Mad Head Games	Serbia
	Sandbox Strategies	United States
	A Thinking Ape Entertainment	Canada	DECA Games	$31,000,000
	IUGO Mobile Entertainment
	Coffee Stain North (remaining 40%)	Sweden	Coffee Stain Holding
	Silent Games	United Kingdom	Amplifier Game Invest
	Quantic Lab (95%)	Romania		€4,500,000
February 2021	Gearbox Software Gearbox Studio Québec	United States Canada	Gearbox Software	$1,300,000,000	[24]
	Easybrain	Cyprus/ Belarus	Easybrain	$640,000,000	[25]
	Aspyr	United States	Saber Interactive	$450,000,000	[26]
	SpringboardVR	United States	Plaion		[27]
May 2021	Kaiko	Germany	THQ Nordic		[28]
	Massive Miniteam
	Appeal	Belgium
	Frame Break	Sweden	Amplifier Game Invest
August 2021	3D Realms	Denmark/ United States	Saber Interactive		[29]
	Slipgate Ironworks	Denmark
	CrazyLabs	Israel	DECA Games
	DigixArt	France	Plaion
	Force Field	Netherlands
	Ghost Ship Games (remaining 65%)	Denmark	Coffee Stain Holding
	Easy Trigger	Sweden
	Grimfrost (70%)		THQ Nordic
	Demiurge Studios	United States	Saber Interactive		[30]
	Fractured Byte	Estonia
	SmartPhone Labs	Russia
September 2021	Bytex				[31]
October 2021	Jufeng Studio	China	DECA Games		[32]
	Splatter Connect	United Kingdom	Plaion		[33]
December 2021	Asmodee Atomic Mass Games Bezzerwizzer Studio Catan Studio Days of Wonder Edge Entertainment Fantasy Flight Games Gamegenic The Green Board Game Company Libellud Lookout Games Mixlore Pearl Games Plan B Games Purple Brain Rebel Studio Repos Production Space Cow Space Cowboys Unexpected Games Z-Man Games Zygomatic	France United States Denmark United States France Spain United States Germany United Kingdom France Germany France Belgium Canada/ Germany France Poland Belgium France France United States United States France	Asmodee	€2,750,000,000	[34]
	Green Tile Digital	Sweden	Amplifier Game Invest		[35]
	Perfect World Entertainment Cryptic Studios	China United States	Gearbox Software	$125,000,000	[36]
	Spotfilm Networkx	Germany	Plaion		[37]
	Shiver Entertainment	United States	Saber Interactive		[38]
	Digic Holdings Digic Pictures Digic Services	Hungary Hungary Hungary			[39]
	Dark Horse Media Berger Books (50%) Dark Horse Comics Dark Horse Entertainment Dark Horse Games Dark Horse Manga DH Press Kitchen Sink Books (50%) Things From Another World	United States United States United States United States United States United States United States United States United States	Dark Horse Media		[40]
February 2022	A Creative Endeavour	Sweden	Amplifier Game Invest		[41]
	Metricminds	Germany	THQ Nordic		[42]
March 2022	Development Plus Inc.	United States	Plaion		[43]
	Invisible Walls	Denmark	Amplifier Game Invest		[44]
April 2022	Beamdog	Canada	Saber Interactive		[45]
	Lost Boys Interactive	United States	Gearbox Software		[46]
May 2022	Assets of Square Enix Europe Crystal Dynamics Eidos-Montréal Square Enix Montréal	United States Canada Canada	CDE Entertainment	$300,000,000	[47]
August 2022	Tripwire Interactive	United States	Saber Interactive		[48]
	Tuxedo Labs	Sweden
	Middle-earth Enterprises	United States	Embracer Freemode
	Limited Run Games	United States
	Bitwave Games	Sweden
	Gioteck	United Kingdom
	Singtrix	United States
	Tatsujin	Japan
October 2022	Anime Limited	United Kingdom / France	Plaion Pictures		[49] [50] [51]
	VR Distribution	Australia / United Kingdom	Asmodee		[52]
January 2023	Captured Dimensions	United States	Gearbox Software		[53]

Divestitures

Date	Company	Operative group	Buyer	Price	Ref.
November 2019	Foxglove Studios	THQ Nordic	Management buyout		[54]
July 2023	Goose Byte	Amplifier Game Invest			[55]
October 2023	Fall Damage		Fragbite	$1,800,000	[56]
November 2023	River End Games		Nordcurrent		[57]
February 2024	Saber Interactive 3D Realms Digic Pictures Fractured Byte Mad Head Games New World Interactive Nimble Giant Entertainment Sandbox Strategies SmartPhone Labs Slipgate Ironworks Stuntworks	Saber Interactive	Beacon Interactive	$247,000,000 [a]	[58]
March 2024	Gearbox Software	Gearbox Entertainment	Take-Two Interactive	$460,000,000	[59]
	Rainbow Studios	THQ Nordic	Management buyout		[60]
May 2024	Shiver Entertainment	Saber Interactive	Nintendo		[61]
November 2024	Easybrain	Easybrain	Miniclip	$1,200,000,000	[62]

Notes

1. Beacon Interactive has the option to later acquire 4A Games and Zen Studios from Embracer Group, which will raise the total acquisition price to $500 million if exercised.

References

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External links

• Official website