Embracer is massive. They have development studios Crystal Dynamics, Eidos-Montréal, Square Enix Montreal, and intellectual properties such as Tomb Raider, Deus Ex, Thief, Legacy of Kain. They have 129 studios at last count.
They were buying up like 6-12 studios every six months at one point. Not really surprised to see them bleeding now.
They knew what they were doing. They now own a shit-ton of valuable IP. They don’t care about the studios unless they’re profitable. They’re going to shut down the studios one by one like EA has been doing for decades, and maybe make some new games based on the IP that they inherited.
Embracer is massive. They have development studios Crystal Dynamics, Eidos-Montréal, Square Enix Montreal, and intellectual properties such as Tomb Raider, Deus Ex, Thief, Legacy of Kain. They have 129 studios at last count.
They were buying up like 6-12 studios every six months at one point. Not really surprised to see them bleeding now.
They’ve just bought and bought and bought. Who could’ve guessed they’d collapse under their own weight? What’s that? Basically everyone but them?
They knew what they were doing. They now own a shit-ton of valuable IP. They don’t care about the studios unless they’re profitable. They’re going to shut down the studios one by one like EA has been doing for decades, and maybe make some new games based on the IP that they inherited.
Apparently before they started the buying spree their claim to video game fame was… a karaoke game.
Truly destined for greatness.