Like most of the video games industry right now, the Embracer Group has enacted some pretty harsh cost-cutting measures to help boost its margins. The group, which used to house a multitude of ...
Embracer Group, the video game publisher that has been shutting down studios and laying off a large number of its teams for the better part of a year, is now selling off a large part of its ...
News and opinion about video games, television, movies and the internet. If you’re a game developer owned by Embracer Group at this point, you are nervous about layoffs, shutdowns or game ...
Some of the biggest culprits are Embracer Group, which has laid off nearly 1,400 workers across several of its studios since the start of a restructuring program last July, and Microsoft ...
4A Games, the developer behind the hit Metro video game franchise, will now stay with The Embracer Group as Embracer re-organizes itself into three separate entities. Metro game dev 4A Games was ...
Saber themselves decided not to exercise their option to buy them. Embracer gets to keep two of the many studios it owns after all. Last March, Embracer agreed to sell Saber Interactive to Beacon ...
The proposed sale of 4A Games and Zen Studios have been shelved, Embracer Group has announced, with both companies remaining with the mega-publisher. Embracer announced earlier this year that it ...
Embracer-owned studio Lost Boys Interactive is facing another round of layoffs. Writing on LinkedIn, the studio said it had "made the very difficult decision to reduce our overall headcount in ...
Embracer Group has confirmed it will retain Metro developer 4A Games and Pinball FX creator Zen Studios as the sale of Saber Interactive progresses. Saber was one of Embracer's operating groups ...
Saber Interactive has secured investments from two private equity firms to help clear its debt to Embracer. Aleph Capital Partners and Crestview Partners announced a "significant equity investment ...
Please verify your email address. The momentum of the Embracer Group's acquisitions came back to bite the conglomerate in a big way, due to the series of acquisitions making it infeasible to fund ...