From a video game company that looked as if it had huge capital power through its buying and acquisition actions during its first few years of existence to a company that is now synonymous with the words mass layoffs and studio closures, the financial capabilities surrounding the Embracer Group name clearly scream “not good” status. fine”. The restructuring process was carried out, including the closure of the Saints Row – Volition studio for some time. In the name of getting a healthier cash flow injection and at the same time confirming the rumors circulating previously, Embracer Group also officially separated from Saber Interactive.
Embracer Group finally officially sold Saber Interactive to a private investor called Beacon Interactive for USD 247 million or 3.8 trillion Rupiah. The results of this sale and purchase agreement also resulted in dividing the studios that had existed under the Saber banner itself. There are studios and franchises that Saber will carry and there will be those that remain under the Embracer banner.
Saber akan membawa Nimble Giant (Star Trek Infinite), 3D Realms (Ion Fury), Sandbox Strategies, New World Interactive (Insurgency), Slipgate Ironworks (Graven), Mad Head Games (Scars Above), Fractured Byte (Borderlands Legendary Collection), dan Digic.
Sementara Embracer akan mempertahankan: Tripwire (Chivalry), Beamdog (Mythforce), Tuxedo Labs (Teardown), Demiurge, Shiver (Lucius), Aspyr (Star Wars Battlefront Classic Collection), Snapshot Games (Phoenix Point), dan 34BigThings (Redout).
Embracer finally sold Saber Interactive for USD 247 million or around 3.8 trillion Rupiah.
Meanwhile for two other franchises – 4A Games (Metro) and Zen Studios (Pinball), Embracer will provide a limited time offer to be purchased by Saber Interactive. If Saber is not interested, the two studios will remain under the Embracer banner with their subsidiary – PLAION in charge.
Embracer Group assured that the extra money from this sale will be focused on reducing debt while making their financial capabilities more flexible. What do you think of this situation?
Source: Embracer via Gematsu