Embracer Group is splitting up its messy gaming empire into three different companies

Embracer Group has been on a losing streak of late, having recently missed out on a $2 billion investment, laid off thousands of employees andfranchises. Studios under its purview include Crystal Dynamics , Dambuster Studios , Eidos-Montréal, Flying Wild Hog Studios , Tripwire, Vertigo Games, Warhorse Studios and 4A Games. This company will remain within the current listing as Embracer Group for now.

Embracer Group went on an epic buying streak between 2019-2022 when borrowing was cheap, acquiring studios and entertainment groups including Crystal Dynamics, Gearbox Entertainment, Dark Horse Media, Middle-earth Enterprises and many, many others. Those came with gaming franchises including Tomb Raider, Deus Ex, Borderlands and Saints Row.. It subsequently laid off 8 percent of its staff , or nearly 1,400 employees.

Source: News Formal (newsformal.com)

Crystal Dynamics Gearbox Studios Middle-Earth Enterprises Losing Streak Warhorse Studios Dambuster Studios

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