• Embracer Group and Gearbox Entertainment Merger Now Complete

    14 days ago - By VG Chartz

    The Gearbox Entertainment Company and Embracer Group have announced the merger between the two companies has now been completed. The $1.3 billion merger was announced in February.
    The Gearbox Entertainment Company is now the seventh operating group in Embracer Group, which now has 7,000 employees and owns over 240 franchises. The Gearbox Entertainment Company with its 550 employees is now in a position for "rapid growth" due to its "robust IP catalogue, AAA development studios, and North American publishing capabilities."
    "Our team is incredibly excited about the opportunity we now have...
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  • Embracer Group And Gearbox Entertainment Complete Merger

    Embracer Group And Gearbox Entertainment Complete Merger

    15 days ago - By Gaming Bolt

    It's fair to say the gaming industry is in a big state of change right now, and one of the biggest ways to see that is through the many acquisitions and mergers we've seen in just a brief period of time. One of the biggest has been Microsoft, who have been acquiring studios left and right. But right behind them is Embracer Group, who announced they would merge together earlier in the year (and allegedly right before Microsoft bought Gearbox themselves ). Well, it's now official.
    In a joint press release from the two entities, it was confirmed that the merger, said to be worth $1.3 billion...
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