Embracer Group

Embracer Group enters into agreement to acquire Tripwire Interactive

Retrieved on: 
Thursday, August 18, 2022

KARLSTAD, Sweden, Aug. 18, 2022 /PRNewswire/ --Embracer Group AB ("Embracer"), through its wholly owned subsidiary Saber Interactive[1], has entered into an agreement to acquire 100 percent of the shares of award-winning US developer and publisher Tripwire Interactive from its four current owners.

Key Points: 
  • KARLSTAD, Sweden, Aug. 18, 2022 /PRNewswire/ --Embracer Group AB ("Embracer"), through its wholly owned subsidiary Saber Interactive[1], has entered into an agreement to acquire 100 percent of the shares of award-winning US developer and publisher Tripwire Interactive from its four current owners.
  • Tripwire Interactive is well-known for the Killing Floor and Rising Storm series and their recent best-seller Maneater, as well as their publishing division Tripwire Presents.
  • Within the Embracer Group, Tripwire Interactive will operate as a subsidiary under the Saber Interactive operative group.
  • BofA Securities is acting as exclusive financial advisor to Tripwire Interactive, and Greenberg Traurig, LLP is serving as Tripwire Interactive's legal counsel.

Embracer Group acquires Tuxedo Labs

Retrieved on: 
Thursday, August 18, 2022

KARLSTAD, Sweden, Aug. 18, 2022 /PRNewswire/ --Embracer Group AB ("Embracer"), through its wholly owned subsidiary Saber Interactive[1], has acquired 100 percent of the shares of Swedish developer Tuxedo Labs.

Key Points: 
  • KARLSTAD, Sweden, Aug. 18, 2022 /PRNewswire/ --Embracer Group AB ("Embracer"), through its wholly owned subsidiary Saber Interactive[1], has acquired 100 percent of the shares of Swedish developer Tuxedo Labs.
  • Tuxedo Labs is best known for creating the hit voxel-based destruction PC game Teardown.Embracer adds Dennis Gustafsson, Tuxedo Labs' Founder and CTO, who is a highly technical visionary with a specialty in physics, and his team of 5.
  • We are super excited to welcome Dennis, their CEO Marcus Dawson, and the rest of the Tuxedo Labs team into the Embracer family," said Matthew Karch, CEO of Saber Interactive.
  • Within the Embracer Group, Tuxedo Labs will operate as a subsidiary under the Saber operating group.

Embracer Group enters into an agreement to acquire Singtrix

Retrieved on: 
Thursday, August 18, 2022

KARLSTAD, Sweden, Aug. 18, 2022 /PRNewswire/ -- Embracer Group AB ("Embracer"), through its wholly owned subsidiary Freemode1, has entered into an agreement to acquire Singtrix LLC ("Singtrix") from its founders.

Key Points: 
  • KARLSTAD, Sweden, Aug. 18, 2022 /PRNewswire/ -- Embracer Group AB ("Embracer"), through its wholly owned subsidiary Freemode1, has entered into an agreement to acquire Singtrix LLC ("Singtrix") from its founders.
  • "The Singtrix team is one of the most highly regarded innovators in music gaming, vocal processing, and entertainment.
  • 1Acquired through Embracer's subsidiary Embracer Freemode Iconic Holding Inc. and will be part of the operative group Embracer Freemode.
  • Embracer Group is a parent company of businesses led by entrepreneurs in PC, console, mobile and board games and other related media.

Embracer Group Announces the 11th Operating Group: Embracer Freemode

Retrieved on: 
Thursday, August 18, 2022

KARLSTAD, Sweden, Aug. 18, 2022 /PRNewswire/ -- Embracer Group AB ("Embracer") today announced the formation of Embracer Freemode ("Freemode"), an operative group comprised of certain gaming and entertainment companies owned by Embracer.

Key Points: 
  • KARLSTAD, Sweden, Aug. 18, 2022 /PRNewswire/ -- Embracer Group AB ("Embracer") today announced the formation of Embracer Freemode ("Freemode"), an operative group comprised of certain gaming and entertainment companies owned by Embracer.
  • In addition, Freemode will expand its operating activities in the retro, classic, and heritage gaming category, as well as investing in iconic gaming & entertainment properties.
  • Freemode`s founding companies are existing Embracer owned businesses that previously reported directly to our group CEO & HQ in Karlstad, Sweden.
  • Founding Freemode Operating Group companies include Embracer companies: Tatsujin (Japan), Game Outlet Europe (Sweden), Clear River Games (Sweden), Quantic Lab (Romania), Bitwave Games (Sweden), Gioteck (United Kingdom), C77 Entertainment (USA) and Grimfrost (Sweden).

Invitation to presentation of Embracer Group's Q1 report

Retrieved on: 
Wednesday, August 10, 2022

KARLSTAD, Sweden, Aug. 10, 2022 /PRNewswire/ --Embracer Group hereby invites you to a presentation in connection with the publication of the interim report for the first quarter, the period April-June 2022.

Key Points: 
  • KARLSTAD, Sweden, Aug. 10, 2022 /PRNewswire/ --Embracer Group hereby invites you to a presentation in connection with the publication of the interim report for the first quarter, the period April-June 2022.
  • Location: Welcome to participate in person at Karlstad CCC, Tage Erlandergatan 8, Karlstad
    Online:Welcome to participate online via Embracer Group's official YouTube channel or by webcast.
  • Questions are welcome in advance by e-mail to: [email protected] and live during the presentation via a message board (not available on YouTube).
  • Embracer Group's shares are publicly listed on Nasdaq First North Growth Market Stockholm under the ticker EMBRAC B with FNCA Sweden AB as its Certified Adviser; [email protected] +46-8-528 00399 .

CEO Comment on the Announcement of the Directed Share Issue to Savvy Gaming Group

Retrieved on: 
Friday, June 10, 2022

Since our announcement two days ago regarding the investment by Savvy Gaming Group (SGG) I have received many questions.

Key Points: 
  • Since our announcement two days ago regarding the investment by Savvy Gaming Group (SGG) I have received many questions.
  • For me, communication and transparency are key, but it's also an increasingly difficult challenge in matters such as this.
  • To be clear, all subsidiaries within the Embracer Group act independently but share common, high ethical standards and transparency.
  • Embracer Group is a parent company of businesses led by entrepreneurs in PC, console, mobile and board games and other related media.

Invitation to presentation of Embracer Group's Q4 and Year end report

Retrieved on: 
Wednesday, May 11, 2022

STOCKHOLM, May 11, 2022 /PRNewswire/ --Embracer Group hereby invites you to a presentation in connection with the publication of the Year End Report for the fiscal year 2021/2022the interim report for the fourth quarter, the period January-March 2022.

Key Points: 
  • STOCKHOLM, May 11, 2022 /PRNewswire/ --Embracer Group hereby invites you to a presentation in connection with the publication of the Year End Report for the fiscal year 2021/2022the interim report for the fourth quarter, the period January-March 2022.
  • Online:Welcome to participate online via Embracer Group's official YouTube channel or by webcast.
  • Questions are welcome in advance by e-mail to: [email protected] and live during the presentation via a message board (not available on YouTube).
  • The Group has 119 internal game development studios and is engaging more than 12,500 employees and contracted employees in more than 40 countries.

Embracer Group enters into an agreement to acquire Eidos, Crystal Dynamics, and Square Enix Montréal amongst other assets

Retrieved on: 
Monday, May 2, 2022

STOCKHOLM, May 2, 2022 /PRNewswire/ -- Embracer Group AB ("Embracer") has entered into an agreement to acquire the development studios Crystal Dynamics, Eidos-Montral, Square Enix Montral, and a catalogue of IPs including Tomb Raider, Deus Ex, Thief, Legacy of Kainand more than 50 back-catalogue games from SQUARE ENIX HOLDINGS CO., LTD. ("Square Enix Holdings").

Key Points: 
  • STOCKHOLM, May 2, 2022 /PRNewswire/ -- Embracer Group AB ("Embracer") has entered into an agreement to acquire the development studios Crystal Dynamics, Eidos-Montral, Square Enix Montral, and a catalogue of IPs including Tomb Raider, Deus Ex, Thief, Legacy of Kainand more than 50 back-catalogue games from SQUARE ENIX HOLDINGS CO., LTD. ("Square Enix Holdings").
  • "Embracer is the best kept secret in gaming: a massive, decentralized collection of entrepreneurs whom we are thrilled to become a part of today.
  • Founded in 2011, Square Enix Montral consists of almost 150 employees across Montral, Canada and London, UK.
  • Embracer Group is a parent company of businesses led by entrepreneurs in PC, console, mobile and board games and other related media.

Execution of Share Transfer Agreement with Change to Subsidiaries (Divestiture of Select Overseas Studios & IP)

Retrieved on: 
Monday, May 2, 2022

SQUARE ENIX HOLDINGS CO., LTD. (the Company) today signed a share transfer agreement with Sweden-based Embracer Group AB concerning the divestiture of select overseas studios and IP (the Transaction).

Key Points: 
  • SQUARE ENIX HOLDINGS CO., LTD. (the Company) today signed a share transfer agreement with Sweden-based Embracer Group AB concerning the divestiture of select overseas studios and IP (the Transaction).
  • All conditions having being met, the share transfer agreement was concluded today.
  • Going forward, the Companys development function will comprise its studios in Japan, Square Enix External Studios, and Square Enix Collective.
  • The Companys overseas studios will continue to publish franchises such as JUST CAUSE, OUTRIDERS, and Life is Strange.

Embracer Group AB: Update on the situation due to the war in Ukraine

Retrieved on: 
Tuesday, March 15, 2022

I believe that humanitarian aid is one of the best investments we can make in the given situation.

Key Points: 
  • I believe that humanitarian aid is one of the best investments we can make in the given situation.
  • Furthermore, at this stage, many questions simply do not have clear answers in this challenging, evolving, and complex situation.
  • Embracer Group is a parent company of businesses led by entrepreneurs in PC, console, mobile and board games and other related media.
  • The Group has 115 internal game development studios and is engaging more than 12,500 employees and contracted employees in more than 40 countries.