THQ Nordic And Deep Silver's Parent Company Still Expanding Rapidly The company is the parent of THQ Nordic, Deep Silver, and Gearbox. Embracer Group--the parent company of both THQ Nordic and Deep Silver--has been growing considerably over the last few years, adding Gearbox, 4A Games, Zen Studios, and a reformed Free Radical Design to its roster. But despite its huge number of acquisitions, there were even more that it thought about making but did not pursue--more than 150, in fact. In its full-year report posted on May 20 (via GamesIndustry.biz), Embracer Group said that during the last quarter alone, it has talked with over 150 companies about joining. Of these, about 20 discussions are in the "late-stage" period, meaning we will probably see some more acquisition announcements soon. Despite this, the company wants to avoid becoming a faceless corporate monolith.