15 Articles
15 Articles
Embracer Offloads Two North American Studios, Will Retain Remnant Series Publishing Rights
The Embracer Group continues to restructure its development and publishing portfolios. The Swedish media company's latest move involves the divestment of Arc Games and Cryptic Studios, ending a four year-long run under the Embracer umbrella. The two long-running Northern Californian online gaming specialists have been picked up by Project Golden Arc Inc.—a relatively new organization, headed up by several of the Arc Games management team—for a c…
Embracer continues selling spree by shipping off two more video game companies
{Embracer Group} has been going through a period of serious change, as following a whopping slate of acquisitions over the years, it has been selling off companies at a rapid rate since. On this topic, {Embracer} has now announced another sale, as two more companies are leaving its portfolio as they have been snapped up by someone else. In a press release, it's affirmed that {Embracer} has sold both {Neverwinter} developer {Cryptic Studios} and…
Embracer sells Arc Games and Cryptic Studios for $30 million!
Coverage Details
Bias Distribution
- 100% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium





