Embracer Group, a gaming company, has recently completed a costly restructuring. Despite receiving acquisition offers for its subsidiaries regularly, the CEO stated it is too early to consider new studio acquisitions. The company has frozen its acquisition drive and has no immediate plans for further studio purchases. Embracer's crown jewel may have been sold, but there are no layoffs expected in the studio's near future.
Studios and Labor Leaders Hope More Time for IATSE Talks Cuts Risk of Another Strike https://t.co/0TKQhmHXZc
Embracer freezes acquisition drive as its restructure program comes to an end https://t.co/POHipZjdHm https://t.co/y821Aaeayc
Embracer receives acquisition offers for its subsidiaries on “weekly basis,” has no plans to restart its M&A engine https://t.co/x7NhYTYICI #gamedev #gamedevelopment #gameart #indiedev