In related news

  • 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 and sold one of its key properties, Gearbox, at a fire-sale price. Now, the company has announced plans to split into three separate, publicly listed entities, Bloomberg reported.  The first is Middle-earth Enterprises & Friends, specializing in AAA games and and overseeing the Dead Island, Killing Floor, Kingdom Come Deliverance, Tomb Raider and The Lord of...

  • After laying off over 1000 people, Embracer Group makes itself some friends by splitting into three companies

    Embracer Group is no more, as the company has made the decision to split into three separate entities, with various developers divided up amongst them. For the last year or so, it's not been a great time to be a part of Embracer Group. There have been almost 1400 staff laid off across various studios, and several closures too. Saber founder Matthew Karch doesn't think Embracer is evil, just a company "that everyone likes to pick on," despite the fact it spent ridiculous amounts of money on...

  • Embracer Group splits into three following layoffs, sales

    Following layoffs and the sale of studios like Gearbox, Embracer Group has split itself into three separate entities to try to build success. Earlier this week, Embracer announced it was no more, and instead Asmodee Group, Coffee Stain & Friends, and Middle-earth Enterprises & Friends stand in its place. Middle-earth Enterprises & Friends is comprised of Middle-Earth Enterprises alongside Crystal Dynamics (Tomb Raider), Dambuster Studios (Dead Island 2), Eidos Montreal (Deus Ex) and more hence...