Approximately SEK 2 billion (~$225m) of these shares will be purchased by the Canada Pension Plan Investment Board.
Full IR statement: https://embracer.com/release/embrac...and-sale-of-existing-b-shares-by-co-founders/
Soon, they'll buy Tencent.
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Embracer Group is raising more than $500 million for future acquisitions
- Thread starter DarkDetective
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Approximately SEK 2 billion (~$225m) of these shares will be purchased by the Canada Pension Plan Investment Board.
Full IR statement: https://embracer.com/release/embrac...and-sale-of-existing-b-shares-by-co-founders/
Soon, they'll buy Tencent.
Last we heard they had 80 unnannounced games in development, I think.
So yes.
As per Wiki, they released 6 games this year (not counting ports), with at least 4 more announced for this year.
Deep Silver had another 5 new games published, plus multiple ports.
The weird thing is that they seem to be in the business of AA-type games that are generally understood to be a bad business these days. Much like with movies, the smart money in game development currently is to either go all-out with AAA or make cheap games.
I don't get it.
They're the THQ Nordic guys, rebranded to Embracer Group last year I think.
OP
OP
Here's their 2020 line-up (or at least what I could track, and who knows what else could be announced)
Previously known as THQ Nordic AB. Changed name to Embracer to differentiate the company from THQ Nordic GmbH, which is one of their publisher subsidiaries, most known for co-marketing with Nazis, pedophiles and terrorists.
www.vice.com
THQ Nordic Held Q&A on a Website Banned for Suspected Child Pornography
The company has since apologized, saying the move was done without "proper due diligence to understand the history and the controversy of the site." That's bullshit.
www.vice.com
They've done a few games like the spongebob and darksiders games
Going back to the days of "Embrace, Extend, Extinguish"? Different, but... MAYBE NOT!?
I got used to seeing bold as "acquisition", so I got REALLY confused when I got to the bottom of the list.Here's their 2020 line-up (or at least what I could track, and who knows what else could be announced)
Private companies have to want to be acquired to be bought up. It's not like they can just forcefully buy companies because they have money. It's not even that simple for public companies, despite what people on here seem to believe
I think their games tend to fall between the cracks, because they are not usually AAA games or smaller "indie" type games, but something in-between (or remasters of old niche games). On top of that, Embracer consists of several smaller companies, some of which kind of do their own thing. Saber Interactive does a lot of porting of games for example, like Crysis Remastered for the Switch, without any actual mention of Embracer (or THQ Nordic).
Not really when you consider that people at management level signal boosted a community full of paedophiles and neo-nazis.
You have to hand it to this company, they're acquiring the most niche of intellectual properties and consolidating developers and publishers that their competitors couldn't care less about.
Their portfolio is essentially a frakenstein of different brands throughout the years to create this conglomerate of a company.
Their portfolio is essentially a frakenstein of different brands throughout the years to create this conglomerate of a company.
Im starting to get the feeling that these clowns are just buying up shit so they can leech off everything they own long term. There doesn't seem to be any grand plan or vision here.
With their fingers in these many pies it makes the future of the streaming model very lucrative for them too.
With their fingers in these many pies it makes the future of the streaming model very lucrative for them too.
Not just a matter of who but of what, as in what IP that they could maybe grab.
They own like a billion dormant IP's but they've done nothing interesting with them either.
Yep they still never made proper amends or adequately explained that 8chan bullshit from last year.
I knew they were prolific but dang that's even more than I thought they had, kinda crazy with the COVID-19 pandemic insanity this yearHere's their 2020 line-up (or at least what I could track, and who knows what else could be announced)
Half a billion is massive, surely enough to buy multiple studios with million seller IP's. I'd imagine with that kind of budget they will try to buy in bulk though. Maybe some other Swedish gaming holding firms like Enad Global 7 (market cap ~300 million dollars) could be a target (they own Rising Storm 2 developer Antimatter Games, support studio Toadman Interactive, smartphone game developer Big Blue Bubble, marketing agency Petrol, UK publisher Sold Out, etc.).
