Swedish game developer Embracer Group plans to split into three publicly traded companies, focused on tabletop, indie, and AAA games; EMBRAC-B.ST jumps 5%+
- Embracer shareholders to get stock in new firms as dividend — Includes €900 million refinancing and new ownership structure
Take-Two acquires Borderlands developer Gearbox Entertainment from the Embracer Group for $460M in stock; the deal is expected to close by the end of June 2024
A new Homeworld game is also in development. — Embracer Group has officially divested Gearbox Entertainment …
Take-Two acquires Borderlands developer Gearbox Entertainment from the Embracer Group for $460M in stock; the deal is expected to close by the end of June 2024
A new Homeworld game is also in development. — Embracer Group has officially divested Gearbox Entertainment …
Embracer reports Q2 net sales up 13% YoY to ~$1B, layoffs that impacted ~900 staff, or 5% of its workforce, and 36 fewer games in development than in Q2 2022
and Warns of More to Come Derek Strickland / TweakTown : Embracer likely to cancel more games to reduce expenses, may shy away from external projects X: Rim / @rim_aj : An estimate...
Embracer reports Q2 net sales up 13% YoY to ~$1B, layoffs impacted 900 employees, or 5% of its workforce, and 36 fewer games are in development than Q2 2022
“Lord of the Rings” owner Embracer Group has reported a 13% increase in net sales year-on-year in Q2, in part thanks to its intensive restructuring program.
European gaming giant Embracer says a “groundbreaking strategic partnership” worth $2B+ collapsed and slashes its 2023 profit forecast; EMBRAC-B drops 40%+
European gaming giant Embracer says a “groundbreaking” partnership worth $2B+ has collapsed and lowers its financial forecasts, sending shares crashing by 40%+
One of Europe's largest gaming companies has slashed its profit forecast for the year after a planned partnership fell through worth …