List of mergers and acquisitions by Embracer Group
Updated: 11/6/2025, 2:02:25 AM Wikipedia source
Embracer Group is a Swedish video game holding company controlled by Lars Wingefors. In 2016, the company was spun out of Nordic Games Group and in 2019 it was renamed Embracer Group. As of 2024 they own more than 106 internal studios in over 45 countries in Europe and the Americas. Its subsidiaries are organized under ten groups: Amplifier Game Invest, Asmodee, CDE Entertainment, Coffee Stain Holding, Dark Horse Media, DECA Games, Easybrain, Embracer Freemode, Plaion and THQ Nordic. Each group has its own operations, subsidiaries and development studios.
Tables
· Acquisitions
August 2017
August 2017
Date
August 2017
Company
Black Forest Games
Country
Germany
Parent company
THQ Nordic
Value
€1,360,000
Pieces Interactive
Pieces Interactive
Date
Pieces Interactive
Company
Sweden
Country
$350,000
November 2017
November 2017
Date
November 2017
Company
Experiment 101
Country
$8,900,000
February 2018
February 2018
Date
February 2018
Company
Koch Media
Dambuster Studios
Fishlabs
Volition
Country
Austria/ Germany
United Kingdom
Germany
United States
Parent company
Plaion
Value
$149,000,000
July 2018
July 2018
Date
July 2018
Company
HandyGames
Country
Germany
Parent company
THQ Nordic
November 2018
November 2018
Date
November 2018
Company
Coffee Stain Holding
Coffee Stain Studios
Coffee Stain North (60%)
Ghost Ship Games (35%)
Lavapotion (60%)
Other Tales Interactive (20%)
Country
Sweden
Sweden
Sweden
Denmark
Sweden
Denmark
Parent company
Coffee Stain Holding
Value
$34,900,000
Bugbear Entertainment (90%)
Bugbear Entertainment (90%)
Date
Bugbear Entertainment (90%)
Company
Finland
Country
THQ Nordic
February 2019
February 2019
Date
February 2019
Company
18Point2
Country
Australia
Parent company
Plaion
Value
€1,900,000
Warhorse Studios
Warhorse Studios
Date
Warhorse Studios
Company
Czech Republic
Country
€42,800,000
May 2019
May 2019
Date
May 2019
Company
Piranha Bytes
Country
Germany
Parent company
THQ Nordic
August 2019
August 2019
Date
August 2019
Company
KSM
Country
Plaion
Gaya Entertainment
Gaya Entertainment
Date
Gaya Entertainment
Milestone
Milestone
Date
Milestone
Company
Italy
Country
€44,900,000
Gunfire Games
Gunfire Games
Date
Gunfire Games
Company
United States
Country
THQ Nordic
Goodbye Kansas Game Invest
Fall Damage (50%)
Framebunker (21%)
Kavalri (21%)
Neon Giant (24%)
Palindrome Interactive (50%)
Goodbye Kansas Game Invest
Fall Damage (50%)
Framebunker (21%)
Kavalri (21%)
Neon Giant (24%)
Palindrome Interactive (50%)
Date
Goodbye Kansas Game Invest
Fall Damage (50%)
Framebunker (21%)
Kavalri (21%)
Neon Giant (24%)
Palindrome Interactive (50%)
Company
Sweden
Sweden
Denmark
Sweden
Sweden
Sweden
Country
Amplifier Game Invest
Parent company
$3,950,000
December 2019
December 2019
Date
December 2019
Company
Tarsier Studios
Country
Sweden
Parent company
$10,500,000
February 2020
February 2020
Date
February 2020
Company
Saber Interactive
Saber Belarus
Saber Porto
Saber Russia
Saber Spain
Saber Sweden
Country
United States
Belarus
Portugal
Russia
Spain
Sweden
Parent company
Saber Interactive
Value
$525,000,000
Voxler
Voxler
Date
Voxler
Company
France
Country
Plaion
Parent company
€1,900,000
May 2020
May 2020
Date
May 2020
Company
DestinyBit
Country
Italy
Parent company
Amplifier Game Invest
August 2020
August 2020
Date
August 2020
Company
4A Games
Country
Malta/ Ukraine
Parent company
Saber Interactive
Value
$45,000,000
New World Interactive
New World Interactive
Date
New World Interactive
Company
United States
Rare Earth Games
Rare Earth Games
Date
Rare Earth Games
Company
Austria
Country
Amplifier Game Invest
Parent company
€3,300,000
Vermila Studios
Vermila Studios
Date
Vermila Studios
Company
Spain
Country
€900,000
Palindrome Interactive (remaining 50%)
Palindrome Interactive (remaining 50%)
Date
Palindrome Interactive (remaining 50%)
Company
Sweden
Pow Wow Entertainment
Pow Wow Entertainment
Date
Pow Wow Entertainment
Company
Austria
Country
THQ Nordic
DECA Games
DECA Games
Date
DECA Games
Company
Germany
Country
DECA Games
Parent company
€25,000,000
Sola Media
Sola Media
Date
Sola Media
Company
Plaion
Country
$2,700,000
September 2020
September 2020
Date
September 2020
Company
Vertigo Games
Country
Netherlands
Parent company
€50,000,000
November 2020
November 2020
Date
November 2020
Company
Flying Wild Hog
Country
Poland
Parent company
$137,000,000
Purple Lamp Studios
Purple Lamp Studios
Date
Purple Lamp Studios
Company
Austria
Country
THQ Nordic
Zen Studios
Zen Studios
Date
Zen Studios
Company
Hungary
Country
Saber Interactive
Snapshot Games
Snapshot Games
Date
Snapshot Games
Company
Bulgaria
Nimble Giant Entertainment
Nimble Giant Entertainment
Date
Nimble Giant Entertainment
Company
Argentina
34BigThings
34BigThings
Date
34BigThings
Company
Italy
Mad Head Games
Mad Head Games
Date
Mad Head Games
Company
Serbia
Sandbox Strategies
Sandbox Strategies
Date
Sandbox Strategies
Company
United States
A Thinking Ape Entertainment
A Thinking Ape Entertainment
Date
A Thinking Ape Entertainment
Company
Canada
Country
DECA Games
Parent company
$31,000,000
IUGO Mobile Entertainment
IUGO Mobile Entertainment
Date
IUGO Mobile Entertainment
Coffee Stain North (remaining 40%)
Coffee Stain North (remaining 40%)
Date
Coffee Stain North (remaining 40%)
Company
Sweden
Country
Coffee Stain Holding
Silent Games
Silent Games
Date
Silent Games
Company
United Kingdom
Country
Amplifier Game Invest
Quantic Lab (95%)
Quantic Lab (95%)
Date
Quantic Lab (95%)
Company
Romania
Country
€4,500,000
February 2021
February 2021
Date
February 2021
Company
Gearbox Software
Gearbox Studio Québec
Country
United States
Canada
Parent company
Gearbox Software
Value
$1,300,000,000
Easybrain
Easybrain
Date
Easybrain
Company
Cyprus/ Belarus
Country
Easybrain
Parent company
$640,000,000
Aspyr
Aspyr
Date
Aspyr
Company
United States
Country
Saber Interactive
Parent company
$450,000,000
SpringboardVR
SpringboardVR
Date
SpringboardVR
Company
United States
Country
Plaion
May 2021
May 2021
Date
May 2021
Company
Kaiko
Country
Germany
Parent company
THQ Nordic
Massive Miniteam
Massive Miniteam
Date
Massive Miniteam
Appeal
Appeal
Date
Appeal
Company
Belgium
Frame Break
Frame Break
Date
Frame Break
Company
Sweden
Country
Amplifier Game Invest
August 2021
August 2021
Date
August 2021
Company
3D Realms
Country
Denmark/ United States
Parent company
Saber Interactive
Slipgate Ironworks
Slipgate Ironworks
Date
Slipgate Ironworks
Company
Denmark
CrazyLabs
CrazyLabs
Date
CrazyLabs
Company
Israel
Country
DECA Games
DigixArt
DigixArt
Date
DigixArt
Company
France
Country
Plaion
Force Field
Force Field
Date
Force Field
Company
Netherlands
Ghost Ship Games (remaining 65%)
Ghost Ship Games (remaining 65%)
Date
Ghost Ship Games (remaining 65%)
Company
Denmark
Country
Coffee Stain Holding
Easy Trigger
Easy Trigger
Date
Easy Trigger
Company
Sweden
Grimfrost (70%)
Grimfrost (70%)
Date
Grimfrost (70%)
Company
THQ Nordic
Demiurge Studios
Demiurge Studios
Date
Demiurge Studios
Company
United States
Country
Saber Interactive
Fractured Byte
Fractured Byte
Date
Fractured Byte
Company
Estonia
SmartPhone Labs
SmartPhone Labs
Date
SmartPhone Labs
Company
Russia
September 2021
September 2021
Date
September 2021
Company
Bytex
October 2021
October 2021
Date
October 2021
Company
Jufeng Studio
Country
China
Parent company
DECA Games
Splatter Connect
Splatter Connect
Date
Splatter Connect
Company
United Kingdom
Country
Plaion
December 2021
December 2021
Date
December 2021
Company
Asmodee
Atomic Mass Games
Bezzerwizzer Studio
Catan Studio
Days of Wonder
Edge Entertainment
Fantasy Flight Games
Gamegenic
The Green Board Game Company
Libellud
Lookout Games
Mixlore
Pearl Games
Plan B Games
Purple Brain
Rebel Studio
Repos Production
Space Cow
Space Cowboys
Unexpected Games
Z-Man Games
Zygomatic
Country
France
United States
Denmark
United States
France
Spain
United States
Germany
United Kingdom
France
Germany
France
Belgium
Canada/ Germany
France
Poland
Belgium
France
France
United States
United States
France
Parent company
Asmodee
Value
€2,750,000,000
Green Tile Digital
Green Tile Digital
Date
Green Tile Digital
Company
Sweden
Country
Amplifier Game Invest
Perfect World Entertainment
Cryptic Studios
Perfect World Entertainment
Cryptic Studios
Date
Perfect World Entertainment
Cryptic Studios
Company
China
United States
Country
Gearbox Software
Parent company
$125,000,000
Spotfilm Networkx
Spotfilm Networkx
Date
Spotfilm Networkx
Company
Germany
Country
Plaion
Shiver Entertainment
Shiver Entertainment
Date
Shiver Entertainment
Company
United States
Country
Saber Interactive
Digic Holdings
Digic Pictures
Digic Services
Digic Holdings
Digic Pictures
Digic Services
Date
Digic Holdings
Digic Pictures
Digic Services
Company
Hungary
Hungary
Hungary
Dark Horse Media
Berger Books (50%)
Dark Horse Comics
Dark Horse Entertainment
Dark Horse Games
Dark Horse Manga
DH Press
Kitchen Sink Books (50%)
Things From Another World
Dark Horse Media
Berger Books (50%)
Dark Horse Comics
Dark Horse Entertainment
Dark Horse Games
Dark Horse Manga
DH Press
Kitchen Sink Books (50%)
Things From Another World
Date
Dark Horse Media
Berger Books (50%)
Dark Horse Comics
Dark Horse Entertainment
Dark Horse Games
Dark Horse Manga
DH Press
Kitchen Sink Books (50%)
Things From Another World
Company
United States
United States
United States
United States
United States
United States
United States
United States
United States
Country
Dark Horse Media
February 2022
February 2022
Date
February 2022
Company
A Creative Endeavour
Country
Sweden
Parent company
Amplifier Game Invest
Metricminds
Metricminds
Date
Metricminds
Company
Germany
Country
THQ Nordic
March 2022
March 2022
Date
March 2022
Company
Development Plus Inc.
Country
United States
Parent company
Plaion
Invisible Walls
Invisible Walls
Date
Invisible Walls
Company
Denmark
Country
Amplifier Game Invest
April 2022
April 2022
Date
April 2022
Company
Beamdog
Country
Canada
Parent company
Saber Interactive
Lost Boys Interactive
Lost Boys Interactive
Date
Lost Boys Interactive
Company
United States
Country
Gearbox Software
May 2022
May 2022
Date
May 2022
Company
Assets of Square Enix Europe
Crystal Dynamics
Eidos-Montréal
Square Enix Montréal
Country
United States
Canada
Canada
Parent company
CDE Entertainment
Value
$300,000,000
August 2022
August 2022
Date
August 2022
Company
Tripwire Interactive
Country
United States
Parent company
Saber Interactive
Tuxedo Labs
Tuxedo Labs
Date
Tuxedo Labs
Company
Sweden
Middle-earth Enterprises
Middle-earth Enterprises
Date
Middle-earth Enterprises
Company
United States
Country
Embracer Freemode
Limited Run Games
Limited Run Games
Date
Limited Run Games
Company
United States
Bitwave Games
Bitwave Games
Date
Bitwave Games
Company
Sweden
Gioteck
Gioteck
Date
Gioteck
Company
United Kingdom
Singtrix
Singtrix
Date
Singtrix
Company
United States
Tatsujin
Tatsujin
Date
Tatsujin
Company
Japan
October 2022
October 2022
Date
October 2022
Company
Anime Limited
Country
United Kingdom / France
Parent company
Plaion Pictures
VR Distribution
VR Distribution
Date
VR Distribution
Company
Australia / United Kingdom
Country
Asmodee
January 2023
January 2023
Date
January 2023
Company
Captured Dimensions
Country
United States
Parent company
Gearbox Software
| Date | Company | Country | Parent company | Value | Ref. |
| August 2017 | Black Forest Games | Germany | THQ Nordic | €1,360,000 | |
| Pieces Interactive | Sweden | $350,000 | |||
| November 2017 | Experiment 101 | $8,900,000 | |||
| February 2018 | Koch Media Dambuster Studios Fishlabs Volition | Austria/ Germany United Kingdom Germany United States | Plaion | $149,000,000 | |
| July 2018 | HandyGames | Germany | THQ Nordic | ||
| November 2018 | Coffee Stain Holding Coffee Stain Studios Coffee Stain North (60%) Ghost Ship Games (35%) Lavapotion (60%) Other Tales Interactive (20%) | Sweden Sweden Sweden Denmark Sweden Denmark | Coffee Stain Holding | $34,900,000 | |
| Bugbear Entertainment (90%) | Finland | THQ Nordic | |||
| February 2019 | 18Point2 | Australia | Plaion | €1,900,000 | |
| Warhorse Studios | Czech Republic | €42,800,000 | |||
| May 2019 | Piranha Bytes | Germany | THQ Nordic | ||
| August 2019 | KSM | Plaion | |||
| Gaya Entertainment | |||||
| Milestone | Italy | €44,900,000 | |||
| Gunfire Games | United States | THQ Nordic | |||
| Goodbye Kansas Game Invest Fall Damage (50%) Framebunker (21%) Kavalri (21%) Neon Giant (24%) Palindrome Interactive (50%) | Sweden Sweden Denmark Sweden Sweden Sweden | Amplifier Game Invest | $3,950,000 | ||
| December 2019 | Tarsier Studios | Sweden | $10,500,000 | ||
| February 2020 | Saber Interactive Saber Belarus Saber Porto Saber Russia Saber Spain Saber Sweden | United States Belarus Portugal Russia Spain Sweden | Saber Interactive | $525,000,000 | |
| Voxler | France | Plaion | €1,900,000 | ||
| May 2020 | DestinyBit | Italy | Amplifier Game Invest | ||
| August 2020 | 4A Games | Malta/ Ukraine | Saber Interactive | $45,000,000 | |
| New World Interactive | United States | ||||
| Rare Earth Games | Austria | Amplifier Game Invest | €3,300,000 | ||
| Vermila Studios | Spain | €900,000 | |||
| Palindrome Interactive (remaining 50%) | Sweden | ||||
| Pow Wow Entertainment | Austria | THQ Nordic | |||
| DECA Games | Germany | DECA Games | €25,000,000 | ||
| Sola Media | Plaion | $2,700,000 | |||
| September 2020 | Vertigo Games | Netherlands | €50,000,000 | ||
| November 2020 | Flying Wild Hog | Poland | $137,000,000 | ||
| Purple Lamp Studios | Austria | THQ Nordic | |||
| Zen Studios | Hungary | Saber Interactive | |||
| Snapshot Games | Bulgaria | ||||
| Nimble Giant Entertainment | Argentina | ||||
| 34BigThings | Italy | ||||
| Mad Head Games | Serbia | ||||
| Sandbox Strategies | United States | ||||
| A Thinking Ape Entertainment | Canada | DECA Games | $31,000,000 | ||
| IUGO Mobile Entertainment | |||||
| Coffee Stain North (remaining 40%) | Sweden | Coffee Stain Holding | |||
| Silent Games | United Kingdom | Amplifier Game Invest | |||
| Quantic Lab (95%) | Romania | €4,500,000 | |||
| February 2021 | Gearbox Software Gearbox Studio Québec | United States Canada | Gearbox Software | $1,300,000,000 | |
| Easybrain | Cyprus/ Belarus | Easybrain | $640,000,000 | ||
| Aspyr | United States | Saber Interactive | $450,000,000 | ||
| SpringboardVR | United States | Plaion | |||
| May 2021 | Kaiko | Germany | THQ Nordic | ||
| Massive Miniteam | |||||
| Appeal | Belgium | ||||
| Frame Break | Sweden | Amplifier Game Invest |
· Divestitures
November 2019
November 2019
Date
November 2019
Company
Foxglove Studios
Operative group
THQ Nordic
Buyer
Management buyout
July 2023
July 2023
Date
July 2023
Company
Goose Byte
Operative group
Amplifier Game Invest
October 2023
October 2023
Date
October 2023
Company
Fall Damage
Operative group
Fragbite
Buyer
$1,800,000
November 2023
November 2023
Date
November 2023
Company
River End Games
Operative group
Nordcurrent
February 2024
February 2024
Date
February 2024
Company
Saber Interactive
3D Realms
Digic Pictures
Fractured Byte
Mad Head Games
New World Interactive
Nimble Giant Entertainment
Sandbox Strategies
SmartPhone Labs
Slipgate Ironworks
Stuntworks
Operative group
Saber Interactive
Buyer
Beacon Interactive
Price
$247,000,000
March 2024
March 2024
Date
March 2024
Company
Gearbox Software
Operative group
Gearbox Entertainment
Buyer
Take-Two Interactive
Price
$460,000,000
Rainbow Studios
Rainbow Studios
Date
Rainbow Studios
Company
THQ Nordic
Operative group
Management buyout
May 2024
May 2024
Date
May 2024
Company
Shiver Entertainment
Operative group
Saber Interactive
Buyer
Nintendo
November 2024
November 2024
Date
November 2024
Company
Easybrain
Operative group
Easybrain
Buyer
Miniclip
Price
$1,200,000,000
| Date | Company | Operative group | Buyer | Price | Ref. |
| November 2019 | Foxglove Studios | THQ Nordic | Management buyout | ||
| July 2023 | Goose Byte | Amplifier Game Invest | |||
| October 2023 | Fall Damage | Fragbite | $1,800,000 | ||
| November 2023 | River End Games | Nordcurrent | |||
| February 2024 | Saber Interactive 3D Realms Digic Pictures Fractured Byte Mad Head Games New World Interactive Nimble Giant Entertainment Sandbox Strategies SmartPhone Labs Slipgate Ironworks Stuntworks | Saber Interactive | Beacon Interactive | $247,000,000 | |
| March 2024 | Gearbox Software | Gearbox Entertainment | Take-Two Interactive | $460,000,000 | |
| Rainbow Studios | THQ Nordic | Management buyout | |||
| May 2024 | Shiver Entertainment | Saber Interactive | Nintendo | ||
| November 2024 | Easybrain | Easybrain | Miniclip | $1,200,000,000 |
References
- Beacon Interactive has the option to later acquire 4A Games and Zen Studios from Embracer Group, which will raise the to
- GamesIndustry.bizhttps://www.gamesindustry.biz/articles/2017-08-21-thq-nordic-acquires-black-forest-games
- "German game studio Black Forest Games acquired by Swedish game developer THQ Nordic"https://tech.eu/2017/08/22/thqnordic-acquires-blackforestgames
- Nordic 9https://web.archive.org/web/20180620101348/https://nordic9.com/news/thq-nordic-buys-pieces-interactive-one-of-the-veteran-swedish-gaming-companies-for-350k-news2030848553/
- Gamessutrahttps://www.gamedeveloper.com/business/thq-nordic-acquires-i-biomutant-i-developer-experiment-101
- "De Blob publisher THQ Nordic buys Koch Media for €121m"https://www.gamesindustry.biz/articles/2018-02-14-de-blob-publisher-thq-nordic-buys-koch-media-for-121m
- "THQ Nordic acquires the German game developer and publisher HandyGames"https://web.archive.org/web/20200214004042/https://embracer.com/release/thq-nordic-acquires-the-german-game-developer-and-publisher-handygames/
- Gamasutrahttps://www.gamedeveloper.com/business/thq-nordic-acquires-coffee-stain-and-bugbear-entertainment
- Gamasutrahttps://www.gamedeveloper.com/business/australian-publishing-partner-18point2-acquired-by-thq-nordic
- PC Gamerhttps://www.pcgamer.com/thq-nordic-acquire-kingdom-come-deliverance-makers-warhorse-studios/
- GamesIndustry.bizhttps://www.gamesindustry.biz/articles/2019-05-22-thq-nordic-acquires-gothic-developer-piranha-bytes
- Screenhttps://www.screendaily.com/news/koch-films-acquires-german-indie-distributor-ksm/5141982.article
- MCV/DEVELOPhttps://www.mcvuk.com/business-news/koch-media-acquires-gaya-entertainment-as-it-continues-rapid-expansion-of-both-its-reach-and-breadth-of-services/
- MCVhttps://www.mcvuk.com/koch-media-to-acquire-milan-studio-milestone-and-all-ips-including-motogp-and-supercross/
- Cisionhttps://news.cision.com/thq-nordic-ab/r/thq-nordic-completes-the-acquisition-of-milestone,c2880843
- Gematsuhttps://gematsu.com/2019/08/thq-nordic-acquires-gunfire-games
- GamesIndustry.bizhttps://www.gamesindustry.biz/articles/2019-08-14-thq-nordic-strengthens-portfolio-with-goodbye-kansas-game-invest-acquisition
- "Embracer Group acquires critically acclaimed Tarsier Studios"https://web.archive.org/web/20191220081135/https://embracer.com/release/embracer-group-acquires-critically-acclaimed-tarsier-studios/
- "Embracer Group acquires Saber Interactive in $525m deal"https://www.gamesindustry.biz/articles/2020-02-19-embracer-group-acquires-saber-interactive-in-usd525m-deal
- "Koch Media | Koch Media acquires singing game developer VOXLER"https://www.kochmedia.com/en/2020/02/19/koch-media-acquires-singing-game-developer-voxler/
- Gematsuhttps://www.gematsu.com/2020/05/amplifier-game-invest-acquires-destinybit
- Gamasutrahttps://www.gamedeveloper.com/business/thq-parent-company-embracer-has-purchased-i-metro-i-dev-4a-games-and-others
- Gematsuhttps://www.gematsu.com/2020/09/embracer-group-acquires-vertigo-games
- "Embracer Group acquires 13 studios: Here's everything you need to know"https://www.gamesindustry.biz/articles/2020-11-18-embracer-group-acquires-13-studios
- Venture Beathttps://venturebeat.com/2021/02/02/embracer-group-acquires-borderlands-maker-gearbox-entertainment-for-1-3-billion/
- Venture Beathttps://venturebeat.com/2021/02/02/embracer-group-acquires-mobile-game-maker-easybrain-for-640-million/
- Venture Beathttps://venturebeat.com/2021/02/02/embracer-group-acquires-aspyr-media-for-up-to-450-million/
- "Vertigo Games Buys VR Arcade Platform SpringboardVR"https://uploadvr.com/vertigo-games-springboardvr/
- "Embracer Group acquires Appeal Studios, KAIKO, Massive Miniteam and FRAME BREAK"https://embracer.com/release/embracer-group-acquires-appeal-studios-kaiko-massive-miniteam-and-frame-break/
- Gematsuhttps://www.gematsu.com/2021/08/embracer-group-acquires-3d-realms-crazylabs-digixart-easy-trigger-force-field-ghost-ship-games-grimfrost-and-slipgate-ironworks
- "Embracer's next three acquisitions are Demiurge Studios, Fractured Byte and SmartPhone Labs"https://www.gamesindustry.biz/articles/2021-08-18-embracers-next-three-acquisitions-are-demiurge-studios-fractured-byte-and-smartphone-labs
- "Embracer Group snaps up QA studio Bytex known for working on games like SnowRunner and World War Z"https://gameworldobserver.com/2021/09/22/embracer-group-snaps-up-qa-studio-bytex-known-for-working-on-games-like-snowrunner-and-world-war-z
- "Embracer Group acquires mobile game developer Jufeng Studio and eight mobile titles"https://finance.yahoo.com/news/embracer-group-acquires-mobile-game-064900046.html
- GamesIndustry.bizhttps://www.gamesindustry.biz/articles/2021-10-20-koch-media-acquires-splatter-connect
- "Embracer purchases Asmodee for €2.75bn"https://www.gamesindustry.biz/articles/2021-12-15-embracer-purchases-asmodee-for-275bn
- "AMPLIFIER ACQUIRES SWEDISH STUDIO GREEN TILE DIGITAL"https://www.amplifiergameinvest.com/amplifier-acquires-swedish-studio-green-tile-digital/
- "EMBRACER GROUP ENTERS INTO AGREEMENT TO ACQUIRE PERFECT WORLD ENTERTAINMENT"https://embracer.com/release/embracer-group-enters-into-agreement-to-acquire-perfect-world-entertainment/
- "EMBRACER GROUP ENTERS INTO AGREEMENT TO ACQUIRE SPOTFILM NETWORX"https://embracer.com/release/embracer-group-enters-into-agreement-to-aquire-spotfilm-networx/
- "EMBRACER GROUP ACQUIRES SHIVER ENTERTAINMENT"https://embracer.com/release/embracer-group-acquires-shiver-entertainment/
- "EMBRACER GROUP ENTERS INTO AGREEMENT TO ACQUIRE DIGIC"https://embracer.com/release/embracer-group-enters-into-agreement-to-acquire-digic/
- "EMBRACER GROUP ENTERS INTO AN AGREEMENT TO ACQUIRE DARK HORSE AND FORMS THE TENTH OPERATIVE GROUP"https://embracer.com/release/embracer-group-enters-into-an-agreement-to-acquire-dark-horse-and-forms-the-tenth-operative-group/
- "AMPLIFIER GAME INVEST ACQUIRES A CREATIVE ENDEAVOR"https://www.amplifiergameinvest.com/amplifier-game-invest-acquires-a-creative-endeavor/
- Gematsuhttps://www.gematsu.com/2022/02/thq-nordic-acquires-animated-content-studio-metricminds
- "Koch Media acquires Game Merchandise Specialists "Development Plus Inc." and "DPI Logistics LLC""https://presse.kochmedia.com/Koch-Media-acquires-Game-Merchandise-Specialists-Development-Plus-Inc-
- "Amplifier Game Invest acquires Danish game studio Invisible Walls"https://www.amplifiergameinvest.com/amplifier-game-invest-acquires-danish-game-studio-invisible-walls/
- "Knights of the Old Republic remake studio Aspyr has acquired Beamdog"https://www.videogameschronicle.com/news/knights-of-the-old-republic-remake-studio-aspyr-has-acquired-beamdog/
- "Gearbox to acquire Tiny Tina co-developer Lost Boys Interactive"https://www.gamesindustry.biz/articles/2022-04-21-gearbox-to-acquire-tiny-tina-co-developer-lost-boys-interactive
- Embracerhttps://embracer.com/release/embracer-group-enters-into-an-agreement-to-acquire-eidos-crystal-dynamics-and-square-enix-montreal-amongst-other-assets/
- "Embracer Group makes more acquisitions, including the Hobbit and Lord of the Rings IP"https://www.videogameschronicle.com/news/embracer-group-makes-more-acquisitions-including-the-hobbit-and-lord-of-the-rings-ip/
- "German Film Magazine: PLAION Pictures Acquires UK's Anime Limited"https://www.animenewsnetwork.com/news/2022-10-18/german-film-magazine-plaion-pictures-acquires-uk-anime-limited/.190958
- "BREAKING: Anime Limited Acquired by Plaion Pictures"https://animeuknews.net/2022/10/anime-limited-acquired-by-plaion-pictures/
- "Plaion Pictures übernimmt Anime Ltd"https://beta.blickpunktfilm.de/details/476202
- The Toy Bookhttps://web.archive.org/web/20221020164554/https://toybook.com/asmodee-group-acquires-vr-group/
- Gearbox Softwarehttps://www.gearboxsoftware.com/press_release/gearbox-entertainment-company-announces-acquisition-of-captured-dimensions
- Cisionhttps://mb.cision.com/Main/15049/2890795/1096896.pdf
- "The video game studio"https://www.goosebyte.games/studio/
- "Fragbite Group acquires DICE alum studio Fall Damage"https://www.gamedeveloper.com/business/fragbite-group-acquires-dice-alum-studio-fall-damage
- "Mobile publisher Nordcurrent acquires River End Games"https://www.gamedeveloper.com/business/mobile-publisher-nordcurrent-acquires-river-end-games
- GamesIndustry.bizhttps://www.gamesindustry.biz/report-saber-interactive-buys-itself-back-from-embracer-in-500m-deal
- "Take-Two Buys Gearbox From Embracer, Confirms Development on New Borderlands Game"https://www.ign.com/articles/take-two-buys-gearbox-from-embracer-confirms-development-on-new-borderlands-game
- Rainbow Studioshttps://www.rainbowstudios.com/about/
- Video Games Chroniclehttps://www.videogameschronicle.com/news/nintendo-agrees-deal-to-buy-hogwarts-legacy-mortal-kombat-switch-studio/
- "Embracer divests Easybrain to Miniclip in $1.2bn deal"https://www.gamesindustry.biz/embracer-divests-easybrain-to-miniclip-in-12bn-deal