Embracer Group

Swedish video game and media holding company

Follow Embracer Group on Notably News to receive short updates to your email — rarely!

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 MontrĂ©al 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-MontrĂ©al, 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.

We are only showing the most recent entries for this topic.

This contents of the box above is based on material from the Wikipedia article Embracer Group, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.

See Also