From a time to this part, the name of Embrace Group, the parent company of The Nordic, Koch Media and Deep Silver that has been proposed to take the reins of the capital of many companies in the sector has been proposed. So much so that EN 2021 they bought 37 video game studies, a figure that aspire to equal this course that comes according to a recent talk with shareholders.
In the last 12 months, we have made 37 acquisitions, and we hope to perform a similar amount of transactions over the next 12 months, says Lars Wingers, co-founder and executive director of the conglomerate. Wingers explains in the quarterly report of him that they see potential to continue strengthening the different operational arms of the company, both with new studies and a greater IP portfolio.
Likewise, they have some interest in having a greater geographical scope, as well as by giving a push to their technological capabilities. That said, our principles remain unchanged. We will never force a deal to do it, but rather we will let it take the right time, says the CEO of Embrace Group.
25 Triple-A releases Up to 2026
Although a good part of conglomerate bets are usually small and medium investment video games, the company also has large projects, specifically a total of 25 triple-to budget releases that will arrive before 2026, including Two postponed premieres for this fiscal course-Saint s Row, who confirmed his delay yesterday, and a second title still not presenting the public.
Embrace Group currently accommodates eight operating groups, 17 publishers and 82 studies, with a workforce of more than 9,000 people and growing. Among the latest acquisitions of the conglomerate are Gearbox (Borderlands), Flying Wild Hog (Shadow Warriors) for quoting two great names.
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