Money Buzz! Europa

Tag: embracer

  • Embracer Group acquires Serbian Mad Head Games

    Embracer Group acquires Serbian Mad Head Games

    Embracer Group, through subsidiary Saber Interactive, entered into an agreement to acquire 100 percent of the shares in Mad Head Games.

    The company, based in Belgrade and Novi Sad, Serbia, is an independent game developer led by three founders with a team of 130 people across four offices.

    Mad Head Games was founded in 2011 by Nenad Tomić, Uroš Banješević, and Aleksa Todorović, all three having more than 15 years game development experience.

    The acquisition will strengthen Embracer’s presence in Eastern Europe with the first studio operating in Serbia.

    Mad Head Games will continue to operate as an independent game developer under Saber, with continued leadership by the three founders.

  • THQ Nordic acquires Vienna based Purple Lamp Studios

    THQ Nordic acquires Vienna based Purple Lamp Studios

    THQ Nordic completed the acquisition of Vienna-based studio Purple Lamp, effectively making it a 100% subsidiary of THQ Nordic GmbH.

    The studio worked on titles such as ”SpongeBob Squarepants: Battle for Bikini Bottom – Rehydrated” or ”Sea of Thieves”.

    Purple Lamp is currently working on ”The Guild 3” and on two not yet publicly disclosed games.

    The acquisition includes the development studio with its team of 38 veteran developers.

    Purple Lamp will continue working as a development studio exclusively focusing on titles for THQ Nordic and continuing developing premium games.

  • Amplifier Game Invest acquires Silent Games studio in Newcastle upon Tyne

    Amplifier Game Invest acquires Silent Games studio in Newcastle upon Tyne

    Through its wholly owned subsidiary Amplifier Game Invest, Embracer has entered into an agreement to acquire 100 percent of Silent Games Ltd.

    Silent Games is a UK based studio founded by Sally Blake and Joseph Rogers in 2018 and seated in Newcastle upon Tyne.

    Silent Game founders intend to be growing the studio from the current team of four persons into a 30 person strong studio over the coming years.

    As a result, the team plans to build a series of games in a Universe of their own making, with the first game planned for a 2023 release.

    The parties have agreed not to disclose the full transaction terms due to commercial reasons. 

    This acquisition is the first investment made by Amplifier in the British Isles, one of the strongest hubs for Game Development in the world.

  • Embracer to pay USD 137.2 million for Poland-based Flying Wild Hog

    Embracer to pay USD 137.2 million for Poland-based Flying Wild Hog

    Embracer Group AB, through Koch Media GmbH, has entered into an agreement to acquire 100 percent of the shares in the Poland-based Flying Wild Hog from Supernova Capital LLP.

    Flying Wild Hog is a growing independent Polish developer of AA+ PC and console games such as the Shadow Warrior series.

    As a result, through the acquisition, Embracer onboards a reputable team of 260+ people across three studios in Poland.

    Purchase price is equivalent to MUSD 137.2 on a cash and debt free basis and is paid in cash to Supernova Capital LLP, an private equity firm in the games sector.

    Also, a management incentive program has been set up in order to align interests going forward.