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The company also published the 2021 PC hit Valheim, though developer Iron Gate Studio remains independent. Coffee Stain is now one of Embracer's 10 operating groups, alongside Plaion, THQ Nordic, Gearbox, and others.

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The company came into the Embracer fold along with the Goat Simulator and Satisfactory IPs. Kingdom of Amalur, meanwhile, was remastered in 2020 as Kingdom of Amalur: Re-Reckoning.Įmbracer then acquired Coffee Stain for ~$34.7 million.

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However, in 2021, studio founders Steve Ellis and David Doak reformed Free Radical to create a new Timesplitters.

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The stylish first-person shooter series Timesplitters was created by Free Radical Design, which would go on to become Crytek UK in 2009 before folding into Deep Silver Dambuster in 2019. The company followed up on that massive purchase by acquiring two IPs - Timesplitters and Kingdom of Amalur - for undisclosed amounts. As part of the deal, Embracer became the owner of Dambuster Studios (Dead Island 2, Homefront: The Revolution), Fish Labs ( Chorus), and Volition (Saints Row, Red Faction). As part of the purchase, Embracer also became the owner of the BioMutant IP, which it planned to turn 'into one of major franchises.' However, after a lengthy development, the action-RPG was released in 2021 to middling reviews.Įmbracer's first nine-figure acquisition came in early 2018 when it bought Koch Media/Deep Silver for $150 million. The studio's been quiet since releasing its third Titan Quest expansion in 2019.Įmbracer's third and final acquisition of 2017 was of BioMutant developer Experiment 101 for around $9 million. Black Forest is now working on a remake of Destroy All Humans 2, after releasing a remake of the series' first game in 2020.Ī week later, Embracer acquired Pieces Interactive, makers of Magicka and Titan Quest, for roughly $350,000. 2017Īfter a few quieter years, Embracer acquired German developer Black Forest Games and its IPs - Giana Sisters, Helldorado, and Rogue Stormers - for roughly $1 million. ATV, Destroy All Humans, and other IPs for $4.9 million from a bankrupt THQ. In 2013, Embracer (then operating as Nordic Games) made its first major acquisition, buying Darksiders, Red Faction, MX vs. Considering the number of acquisitions Embracer has completed over the past decade, we’ve omitted lesser-known studios and IPs from this list, as well as tech-focused companies and most mobile and board game developers. Notable Embracer Group AcquisitionsĮmbracer’s current acquisition spree kicked off in 2018 with its nine-figure purchase of Koch Media (now known as Plaion), though as previously mentioned, it began buying game franchises in the early 2010s.īelow we’ve compiled a chronology of Embracer’s most notable purchases. In addition to a diverse portfolio of video game studios and IPs, Embracer owns household names in board gaming (Catan Studio – Catan, Z-Man Games – Pandemic) and comics (Dark Horse – Hellboy, The Umbrella Academy). In 2019 the company rebranded for the last time, taking on the moniker Embracer Group to represent its mission: “Embrace great companies, great people, and great ideas.” By 2016 Nordic Games was renamed THQ Nordic to capitalize on the stronger brand recognition. THQ’s bankruptcy played a significant role in the rise of Embracer not only did the company purchase the aforementioned THQ franchises, it later bought the THQ trademark. Koch Media) and Saber Interactive, and therefore could be considered the grandparent company of developers like Volition (Saints Row) and 4A games (Metro), which are owned by Plaion and Saber, respectively. To extend the oft-used familial metaphor, Embracer is the parent company of Plaion (f.k.a. All 11 companies operate a varying number of businesses and/or studios, all of which fall beneath the Embracer Group umbrella. In the case of Embracer, it owns 11 such companies (i.e., operating groups): THQ Nordic, Plaion, Coffee Stain, Amplifier Game Invest, Saber Interactive, DECA Games, Gearbox Entertainment, Easybrain, Asmodee, Dark Horse, and the recently founded Embracer Freemode. (Monetary amounts are listed in USD$ via exchange rate based on the days those deals were announced.) What is Embracer Group?Įmbracer Group is a Swedish holding company - that is a company that doesn’t produce goods or services itself, rather it owns other companies that do. To answer that question, we’ve distilled Embracer Group’s thirty-year history into a digestible chronology, explaining how the company came to be and cataloging its growing list of notable development studios and game franchises.

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