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The Latest Breaking News from Embracer

Why is a Swedish billionaire buying up California's video gaming empire?

Like so many on-screen action heroes, she was elbowed aside when newer stars appeared and started grabbing more viewers with bigger weapons, better special effects and more elaborate adventures.

Los Angeles Times

Swedish gaming giant buys Lord of the Rings and Hobbit rights

Embracer buys Middle-earth Enterprises which controls intellectual property rights to Tolkien’s most famous works

The Guardian - UK

'Alone in the Dark' trailer, developer, and platforms for the horror reboot

The franchise that started the survival horror genre is being rebooted by THQ Nordic and it looks like a worthy rival to Resident Evil. Here's what we know.

Inverse

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Saudi Arabia’s wealth fund takes 8% stake in Swedish gaming firm embracer

Saudi Arabia's sovereign wealth fund is taking an 8.1% stake in gaming group Embracer via a direct share issue as part of a push into the games and esports industry. Sweden's Embracer said in a statement it was issuing 99.9 million shares at a price of 103.47 per share to…

Asharq Al-Awsat

Embracer financials see Asmodee overperform, ELEX II and Tiny Tina’s Wonderlands disappoint

Embracer, who own just about everybody if you haven’t been paying attention, released their Q4 (January-March) financials today, including an ongoing livestreamed sofa chat.

USA Today Sports Media Group

Square Enix sells Tomb Raider: Gaming's worst trend is more boring than you think

While the Square Enix deal may have a silver lining for the studios purchased, it is yet another sign of the game industry's looming problem: monopolization.

Inverse

Square Enix Embracer deal: 3 reasons why it's actually a good thing

Square Enix is selling three developers and dozens of IPs, including Tomb Raider and Deus Ex to Embracer Group. The deal could have positive effects on both sides.

Inverse

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Square Enix sells its western studios and hits such as Tomb Raider for $300m

Japanese gaming company behind Final Fantasy series secures deal with Sweden-based Embracer

The Guardian - UK

Square Enix to sell Tomb Raider, Deus Ex, and more for $300 million to invest in the blockchain

Square Enix plans to use the money to invest in other business ventures, including blockchain tech.

USA Today Sports Media Group

Star Wars KOTOR remake - everything we know so far

The KOTOR remake is in development and likely a long way off, but here's what we know so far.

TechRadar

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