Swedish online game firm Embracer Group has gone and bought not one however a number of firms, together with loads of IP, for an undisclosed sum.
In a collection of press releases on its official web site, Embracer introduced it had acquired Tripwire Interactive (Killing Flooring, Maneater, Rising Storm), Tuxedo Labs (Teardown), Singtrix (vocal processing results tech), bodily distributor Restricted Run Video games and has additionally secured the rights to The Lord of the Rings and The Hobbit literary works by J.R.R. Tolkien.
Embracer Group’s acquisition of Tolkien’s universe contains Center-earth Enterprises – which owns the rights to the video video games, board video games, merchandise and different associated works. Embracer’s operative group Asmodee already has a historical past licensing The Lord of the Rings by means of board video games and card video games. Upcoming tasks embrace the Amazon collection, an animated LOTR film, in addition to Digital Arts’ cell recreation, The Lord of the Rings: Heroes of Center-earth.
Different firms acquired embrace Tatsujin (Embracer’s first studio positioned in Japan – led by Toaplen founder Masahiro Yuge), Swedish studio Bitwave Video games (Wunderling DX) and Gioteck – a number one gaming accent model.
You’ll be able to learn all about these acquistions on the corporate’s official web site, together with the announcement of ‘Embracer Freemode’ – its eleventh operative group comprised of gaming and leisure firms owned by Embracer.
Embracer Group already has 10 operateive teams, 120 studios and over 850 franchises below its belt. Among the studios embrace THQ Nordic, Espresso Stain, Gearbox Leisure, Saber and Darkish Horse Media.
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