Embracer Group
Swedish video game and media holding company
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March 2025 | IUGO Mobile Entertainment was divested after being acquired by Deca Games in November 2020. |
March 2025 | Zapper Games, founded by Amplifier Game Invest in December 2021, was divested. |
February 2025 | Spun off Asmodee and sold SpringboardVR to SynthesisVR |
February 7 2025 | Asmodee announced its listing on Nasdaq Stockholm, separating from the group as a publicly-traded entity. |
February 2025 | Asmodee was spun off after being acquired in December 2021. |
January 22 2025 | Completed transaction of divesting Easybrain to Miniclip. |
December 31 2024 | Reduced employee count to 7,873 by the end of the year. |
November 2024 | Reduced employee count from 15,701 to 10,450 and announced divestiture of Easybrain to Miniclip for $1.2 billion. |
June 2024 | Multiple subsidiaries closed: Pieces Interactive, Piranha Bytes, Pow Wow Entertainment, Eidos-Sherbrooke, and Pearl Games |
June 2024 | Closed Pieces Interactive following the disappointing performance of Alone in the Dark (2024). |
May 2024 | Silent Games and C77 Entertainment were divested after being acquired by Amplifer Game Invest. |
May 2024 | Shiver Entertainment was sold to Nintendo after being acquired by Saber Interactive in December 2021. |
May 2024 | Nintendo announced acquisition of Shiver Entertainment from Embracer, subject to closing conditions. |
April 2024 | Announced plans to split into three separate publicly-traded companies on the Swedish stock market within two years. |
April 22 2024 | Announced plans to transform into three standalone publicly listed entities on Nasdaq Stockholm within two years: Asmodee (board games), Coffee Stain Publishing (indie games), and a segment managing licensed intellectual properties including Tolkien's Middle Earth. |
March 2024 | Rainbow Studios, reestablished by THQ Nordic in January 2013, was divested. |
March 2024 | Saber Interactive was divested after being acquired in February 2020. |
March 2024 | Take-Two Interactive acquired Gearbox Entertainment, moving it under the 2K label. |
March 2024 | Announced sale of Saber Interactive to Beacon Interactive, involving 2,950 employees and multiple studio subsidiaries. |
February 2024 | Reported finalizing sales of Saber Interactive and Gearbox Entertainment. |
December 2023 | Closed Gearbox studio Free Radical Design. |
November 2023 | River End Games, founded by Amplifier Game Invest in January 2020, was divested. |
November 2023 | Laid off 904 employees (5% of workforce) and cancelled at least fifteen projects. |
October 2023 | Fall Damage, acquired by Amplifer Game Invest in 2019, was sold to Fragbite Group in October 2023. |
August 2023 | Closed Gearbox studio Volition. |
June 2023 | Embracer Group initiated a large-scale restructuring programme, including layoffs, studio closures, and project cancellations. |
June 2023 | Closed THQ Nordic studio Campfire Cabal. |
May 2023 | Embracer Group announced that a previously agreed investment deal had unexpectedly failed, causing the company's shares to fall by 40%. |
December 22 2022 | Embracer Group transitioned from Nasdaq First North to Nasdaq Stockholm. |
November 2022 | Square Enix Montreal was briefly rebranded as Onoma and then closed in a cost reduction measure. |
September 2022 | Campfire Cabal founded by THQ Nordic, closed in August 2023 |
August 2022 | Square Enix Montréal acquired by CDE Entertainment and subsequently closed in November 2022 |
August 2022 | Embracer Group completed the acquisition of Square Enix studios and transferred assets to CDE Entertainment. |
June 2022 | Savvy Gaming Group, owned by Saudi Arabia's Public Investment Fund, invested in Embracer Group, acquiring an 8.1% stake in the company. |
May 2022 | Embracer Group entered an agreement to purchase Crystal Dynamics, Eidos-Montréal, Square Enix Montreal, and several intellectual properties from Square Enix. |
May 2022 | Embracer Group created the Embracer Group Archive video game preservation effort and established Freemode as its eleventh operative group. |
2021 | Gearbox Entertainment was acquired and later sold to Take-Two Interactive in June 2024. |
December 2021 | Asmodee was acquired in December 2021 and spun off in February 2025. |
December 2021 | Goose Byte, founded by Amplifier Game Invest in December 2021, was divested in August 2023. |
December 2021 | Shiver Entertainment was acquired by Saber Interactive in December 2021 and sold to Nintendo in May 2024. |
December 2021 | Embracer Group acquired Asmodee (a board game distributor) as its ninth operative group and Dark Horse Media as its tenth operative group. |
May 2021 | Free Radical Design reestablished by Deep Silver, closed in December 2023 |
February 2021 | Easybrain was acquired in February 2021 and sold to Miniclip in November 2024. |
February 2021 | SpringboardVR was acquired in February 2021 and sold to SynthesisVR in February 2025. |
February 2021 | Embracer Group made three major acquisitions: Gearbox Entertainment, Easybrain, and Aspyr, expanding to become its seventh, eighth, and ninth operative groups. |
November 2020 | Plucky Bytes founded by Amplifier Game Invest, later closed in 2023 |
November 2020 | Silent Games was acquired by Amplifer Game Invest in November 2020 and divested in May 2024. |
August 2020 | Vermila Studios was divested after being acquired by Amplifer Game Invest in August 2020. |
August 2020 | Embracer Group acquired Deca Games as its sixth operative group and announced multiple studio acquisitions across different subsidiaries. |
February 2020 | Embracer Group acquired Saber Interactive and its five satellite studios, establishing its fifth operative group. |
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