Embracer Group
Swedish video game and media holding company
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April 2025 | Mirage Game Studios was closed by THQ Nordic |
April 2025 | Infinite Mana Games divested by Amplifier Game Invest Studios |
April 2025 | Studio Hermitage divested by Amplifier Game Invest Studios |
March 2025 | IUGO Mobile Entertainment was divested after being acquired by Deca Games in November 2020. |
March 2025 | Zapper Games, founded by Amplifier Game Invest in December 2021, was divested. |
February 2025 | Spun off Asmodee and sold SpringboardVR to SynthesisVR |
February 7 2025 | Asmodee announced its listing on Nasdaq Stockholm, separating from the group as a publicly-traded entity. |
February 2025 | Asmodee was spun off after being acquired in December 2021. |
January 22 2025 | Completed transaction of divesting Easybrain to Miniclip. |
December 31 2024 | Reduced employee count to 7,873 by the end of the year. |
November 2024 | Reduced employee count from 15,701 to 10,450 and announced divestiture of Easybrain to Miniclip for $1.2 billion. |
June 2024 | Rare Earth Games was closed |
June 2024 | Piranha Bytes was closed by THQ Nordic |
June 2024 | Eidos-Sherbrooke was closed by CDE Studios |
June 2024 | Multiple subsidiaries closed: Pieces Interactive, Piranha Bytes, Pow Wow Entertainment, Eidos-Sherbrooke, and Pearl Games |
June 2024 | Closed Pieces Interactive following the disappointing performance of Alone in the Dark (2024). |
May 2024 | Silent Games and C77 Entertainment were divested after being acquired by Amplifer Game Invest. |
May 2024 | Shiver Entertainment was sold to Nintendo after being acquired by Saber Interactive in December 2021. |
May 2024 | Nintendo announced acquisition of Shiver Entertainment from Embracer, subject to closing conditions. |
April 2024 | Announced plans to split into three separate publicly-traded companies on the Swedish stock market within two years. |
April 22 2024 | Announced plans to transform into three standalone publicly listed entities on Nasdaq Stockholm within two years: Asmodee (board games), Coffee Stain Publishing (indie games), and a segment managing licensed intellectual properties including Tolkien's Middle Earth. |
March 2024 | Rainbow Studios, reestablished by THQ Nordic in January 2013, was divested. |
March 2024 | Saber Interactive was divested after being acquired in February 2020. |
March 2024 | Take-Two Interactive acquired Gearbox Entertainment, moving it under the 2K label. |
March 2024 | Announced sale of Saber Interactive to Beacon Interactive, involving 2,950 employees and multiple studio subsidiaries. |
February 2024 | Reported finalizing sales of Saber Interactive and Gearbox Entertainment. |
December 2023 | Closed Gearbox studio Free Radical Design. |
November 2023 | River End Games, founded by Amplifier Game Invest in January 2020, was divested. |
November 2023 | Laid off 904 employees (5% of workforce) and cancelled at least fifteen projects. |
October 2023 | Fall Damage, acquired by Amplifer Game Invest in 2019, was sold to Fragbite Group in October 2023. |
August 2023 | Volition was closed by Deep Silver |
August 2023 | Plucky Bytes studio was closed |
August 2023 | Goose Byte divested by Amplifier Game Invest Studios |
August 2023 | Vermila Studios divested by Amplifier Game Invest Studios |
August 2023 | Closed Gearbox studio Volition. |
June 2023 | Embracer Group initiated a large-scale restructuring programme, including layoffs, studio closures, and project cancellations. |
June 2023 | Closed THQ Nordic studio Campfire Cabal. |
May 2023 | Embracer Group announced that a previously agreed investment deal had unexpectedly failed, causing the company's shares to fall by 40%. |
January 2023 | Studio Hermitage was founded by Amplifier Game Invest and divested in April 2025. |
December 22 2022 | Embracer Group transitioned from Nasdaq First North to Nasdaq Stockholm. |
November 2022 | Square Enix Montreal was briefly rebranded as Onoma and then closed in a cost reduction measure. |
September 2022 | Campfire Cabal founded by THQ Nordic, closed in August 2023 |
August 2022 | Infinite Mana Games founded by Amplifier Game Invest Studios |
August 2022 | Eidos-Sherbrooke was acquired by CDE Entertainment and closed in June 2024. |
August 2022 | Infinite Mana Games was founded by Amplifier Game Invest and divested in April 2025. |
August 2022 | Square Enix Montréal acquired by CDE Entertainment and subsequently closed in November 2022 |
August 2022 | Embracer Group completed the acquisition of Square Enix studios and transferred assets to CDE Entertainment. |
June 2022 | Savvy Gaming Group, owned by Saudi Arabia's Public Investment Fund, invested in Embracer Group, acquiring an 8.1% stake in the company. |
May 2022 | Embracer Group entered an agreement to purchase Crystal Dynamics, Eidos-Montréal, Square Enix Montreal, and several intellectual properties from Square Enix. |
May 2022 | Embracer Group created the Embracer Group Archive video game preservation effort and established Freemode as its eleventh operative group. |
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