Red Faction Guerrilla Re-Mars-tered and
Darksiders: Warmastered, and Appeal is a Belgium-based studio currently developing an unannounced open-world adventure title.
Along with those acqusitions. Embracer has also established a new office called Gate21 in Bosnia and Herzegovina under the THQ Nordic umbrella. The company said the new opening will enable THQ Nordic GmbH to have world-class 3D characters using the most advanced character and facial rigs in development projects.
Embracer said the deals represent valuable bolt-on acquisitions that will expand the capabilities of its THQ Nordic and Amplifier Games Invest units and specifically strengthen its developer footprint in Europe.
The quartet of acquisitions means Embracer now owns and operates 68 internal studios in over 40 countries, including
Invitation to presentation of Embracer Group s Q4 and Year End Report
STOCKHOLM, May 12, 2021 /PRNewswire/ Embracer Group hereby invites you to a presentation in connection with the publication of the Year End Report for the fiscal year 2020/2021 and the interim report for the fourth quarter, the period January-March 2021. The report will be published at 06.00 (CET) on May 20th and available as of this time at
www.embracer.com
.
The presentation will be held in English by CEO Lars Wingefors and CFO Johan Ekström, and afterwards a Q&A session, led by analyst Oscar Erixon from Carnegie, will follow.
Covid-19
Embracer Group acquires Appeal Studios, KAIKO, Massive Miniteam and FRAME BREAK
STOCKHOLM, May 11, 2021 /PRNewswire/
Embracer Group AB ( Embracer ) through its subsidiaries THQ Nordic GmbH and Amplifier Game Invest AB have entered into four acquisition agreements to acquire 100% each of Appeal Studios S.A., KAIKO GmbH, Massive Miniteam GmbH and FRAME BREAK AB. In addition, THQ Nordic is today also announcing that it has founded Gate 21 in Bosnia and Herzegovina. The aggregated day one purchase price for all four acquisitions amounts to approximately SEK 71 million on a cash and debt free basis.
THQ Nordic has made the following acquisitions:
Appeal Studios
Embracer Group Acquires Appeal Studios, KAIKO, Massive Miniteam, and FRAME BREAK vgchartz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vgchartz.com Daily Mail and Mail on Sunday newspapers.
Embracer Group completes the acquisitions of Aspyr, Easybrain and Gearbox Entertainment
STOCKHOLM, April 6, 2021 /PRNewswire/
On February 3, 2021 Embracer Group AB (the Company or Embracer Group ) and its subsidiaries entered into agreements regarding the acquisition of Aspyr, Easybrain and Gearbox Entertainment, which was announced through press releases on February 3, 2021 (the Transactions ). The aggregated day one purchase price for the Transactions amounts to approximately SEK 9.3 billion in total, on a cash and debt free basis. Approximately SEK 2.5 billion is paid in cash and approximately SEK 6.8 billion is paid in newly issued B shares of the Company. A maximum additional consideration amounting to SEK 12.5 billion on an aggregated basis can be paid, subject to fulfilment of agreed financial and operational milestones, during a period of up to 7 years. The additional consideration comprises a maximum of approximately SEK 7.0 billion to be paid in cash and approximat