Embracer Group, the dad or mum firm of THQ Nordic and Deep Silver, remains to be on a hiring spree. The firm introduced a whopping eight studio acquisitions at this time, together with 4A Games, the builders of the well-received Metro collection. These newest acquisitions come after Embracer bought Koch Media, Saber Interactive, and THQ Nordic (together with all of their very own subsidiaries). In whole, Embracer owns 33 sport studios and has greater than 4,000 staff.
The 150-plus particular person workforce at 4A Games in Malta and Ukraine will now work for Embracer Group. Additionally, the deal contains a few of 4A’s expertise, together with the Metro IP.
Embracer is paying $36 million USD in money for 100 p.c of shares in 4A Games, together with further pay-outs based mostly on milestones that might pay 4A an additional $35 million. The buy was accomplished by Embracer’s subsidiary, Saber Interactive.
4A Games CEO Dean Sharpe stated the studio will make a multiplayer Metro sport subsequent, along with a “more ambitious new IP.”
“Embracer Group and Saber Interactive are the perfect partners for 4A Games and for our next phase of growth,” Sharpe stated. “Together we will continue to build on the Metro franchise and will focus on bringing a multiplayer experience to our fanbase. We look forward to building a new and even more ambitious AAA IP in the near future.”
4A had been working with Embracer’s Deep Silver for a very long time already on the Metro collection. Going ahead, the businesses will work with writer Dmitry Glukhovsky on new Metro initiatives
Embracer stated the acquisition will assist its backside line as a result of proudly owning 4A will result in a discount in royalty prices. Additionally, Embracer will get 4A’s expertise, improvement assets, and extra, which ought to assist save prices in the long term, the corporate stated.
Embracer additionally bought Insurgency developer New World Interactive for an undisclosed sum, cell sport studio Deca Games for €25 million, and Crisol: Theater of Idols studio Vermila Studios for €900,000. Additionally, Embracer is shopping for Rare Earth Games for €300,000, Palindrome Interactive for SEK 21.5 million, Pow Wow Entertainment for an undisclosed sum, and Sola Media for €2.three million. In most instances, the acquired studios stand to make a major quantity of additional cash in the event that they attain sure efficiency targets.