Embracer Group has announced the acquisition of Bitwave Games, Gioteck, Limited Run Games, Middle-earprises, Singtrix, Tatsujin, Tripwire Interactive and Tuxedo Labs, as well as the creation of a new operating group called Embracer Freemode.
In 2021 and 2022, Embracer Group acquired the western side of Square Enix, Perfect World Entertainment, 3D Realms, Gearbox and others.
The newly formed operating group focuses on six broad and diverse business market segments, including: retro/classic/traditional games and entertainment, game development and production, devices, equipment and collectibles, community and e-commerce, new ideas and production technologies and services.
1. Bitwave Games
With the support of Freemode, Bitwave can expand its internal development team and build a publishing team. Bitwave announces the classic platformer, bringing Toaplan’s highly acclaimed shooter to PC A Nintendo Entertainment System / Famicom Gimmick on Modern Consoles in the West.
One of Europe’s leading gaming accessories. Gioteck has a rich heritage spanning two decades.
3. Limited run games
Embracer Group, through its subsidiary Freemode, has entered into an agreement to acquire Limited Run Games from founders Josh Fairhurst and Douglas Bogart. Limited Run is a leading global publisher focused on physical video game collectors.
Limited Run will operate as an independent subsidiary with Josh Fairhurst (CEO) and Douglas Bogart (COO) continuing to lead the company within the newly formed Embracer Freemode operating group. The Carbon Engine and Limited Run business model are in line with the heritage of Freemode’s focus area, valuing the opportunity to preserve heritage by driving retro games and classic games into the future.
4. Middle Earth Enterprises
Embracer Group, through its subsidiary Freemode, has entered into an agreement to acquire Middle-earth Enterprises, a division of The Saul Zaentz Company, which owns an extensive catalog of intellectual property and worldwide rights to films, video games, board games, merchandising. , theme parks and theatrical productions related to JRR Tolkien’s epic fantasy literary works, The Lord of the Rings and The Hobbit trilogies, as well as related rights in other Middle-earth literary works licensed by the Tolkien Estate and HarperCollins. should be investigated.
Games, series and movies based mainly on Tolkien’s work will be owned by Embracer Group.
Middle-Earth Enterprises will be part of the newly formed Embracer Freemode operating group. The company will continue to operate independently under the existing Middle-earth Enterprises leadership team, working closely with the leadership of Embracer Freemode and other Embracer operating groups.
Embracer Group AB, through its wholly owned subsidiary Freemode, has entered into an agreement to acquire Singtrix from its founders. With the acquisition, Freemode welcomes a highly innovative five-person team and its extensive network, which will strengthen Freemode’s game development and introduce new opportunities for music and audio game products.
The first Embracer studio located in Japan. Tatsujin is directed by Masahiro Yuge, one of the founders of the arcade game studio Toaplan, known for games such as Truxton, Snow Bros and Flying Shark.
Two more acquisitions were made by Embracer Group-owned Saber Interactive. Saber will own 100% of each of the following developers.
1. Tuxedo Labs
Tuxedo Labs is known for creating the voxel-based destruction PC game Teardown. Embracer adds Dennis Gustafsson, founder and CTO of Tuxedo Labs, a senior technical visionary with a background in physics, and his team of five.
Within the Embracer group, Tuxedo Labs operates as a subsidiary of the Saber operating group.
2. Tripwire Interactive
Tripwire Interactive is known for its Killing Floor series, Rising Storm and the recent bestseller Maneater, as well as its publishing division Tripwire Presents.
Founder and CEO Alan Wilson will remain in his role and continue to lead Tripwire, along with co-founder and lead combat designer Bill Munch and design director David Hensley. Founder John Gibson looks outside Tripwire for opportunities.
The acquisition adds a highly experienced development team consisting of four strong franchises: Maneater, Killing Floor, Rising Storm and Red Orchestra. The group has an exciting AAA title in production and a rapidly growing publishing division.