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[jhjfss]

Embracer Group merges with The Gearbox Entertainment Company and form a seventh operating group - Embracer Group

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE...

embracer.com

The day one purchase price amounts to USD 363 million in total, on a cash and debt free basis, of which USD 175 million is paid in newly issued Embracer B shares (the “Closing Consideration Shares”) and the residual in cash. Subject to fulfilment of agreed financial and operational targets in the next six years, an additional consideration of USD 1,015 million may be paid, of which a maximum of USD 360 million in issued Embracer B shares (the “Additional Consideration Shares”) and the residual in cash. To earn the maximum consideration, USD 1,378 million the accumulated Adjusted EBITDA, including expensed development costs, must exceed USD 1,300 million over six years.

Embracer Group acquires Aspyr Media - Embracer Group

Embracer Group AB ("Embracer") through its wholly owned subsidiary Saber Interactive ("Saber"), has today entered into an agreement to acquire US-based Aspyr Media Inc ("Aspyr") by merger from the founders Michael Rogers and Ted Staloch. The day one purchase price amounts to USD 100 million on a...

embracer.com

The day one purchase price of USD 100 million is paid with USD 60 million in cash and USD 40 million worth of newly issued Embracer B shares issued at closing (the “Closing Consideration Shares”). The Closing Consideration Shares will be divided into equal portions and subject to a 12 months and 18 months lock-up period respectively.
The earn-out considerations that may be payable by Embracer, up to a maximum of USD 350 million, are conditioned on pre-agreed operational and financial targets, and paid with 50% cash and 50% EMBRAC B shares.

EDIT: Another one!

Embracer Group to merge with Easybrain forming eighth operating group - Embracer Group

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE...

embracer.com

Embracer Group AB ("Embracer")[1], has today entered into an agreement to merge with Cyprus-based Easybrain Limited ("Easybrain") in an all equity transaction for a day one purchase price amounting to USD 640 million on a cash and debt free basis plus a maximum of USD 125 million in additional consideration.
The total maximum consideration amount to USD 765 million on a cash and debt free basis

 

[Rikkori]

Gooble gooble mother - fucker!

 

[M1chl]

Not sure if the Gearbox influence is a good thing tho.

 

[nowhat]

Not sure if the Gearbox influence is a good thing tho.

 

[Futaleufu]

Does Gearbox owns the Borderlands IP or does it belong to 2K?

 

[jhjfss]

Does Gearbox owns the Borderlands IP or does it belong to 2K?

gearbox

 

[Alexios]

Does this mean Randy can get fired now?

 

[tpieman2029]

Pretty big deal if aspyr is doing the kotor remake

 

[Knitted Knight]

Their aggressive expansion within the EU continues. And Ubisoft just watches... as so does Sony.

 

[TKOFromTokyo]

Wow, this is pretty big.

 

[MrTroubleMaker]

so much

 

[Astorian]

 

[jhjfss]

Looks like MS' real competition is not google or amazon, but tencent and embracer instead.

 

[too much eslim]

So Embracer group is the the type of Company that can create its own console and might survive.

 

[b6a6es]

Having 68 studio’s at their grasp (and way more to come), pretty much owning the AA space and now moving on to AAA Studio Acquisitions, and all by debt nonetheless is very suspicious to me
i might get accused of Tinfoil hatting but i have this to say


I have a huge feeling that they’re a Proxy game industry acquisition group for a Trillion dollar company (Apple, Amazon, Google, or god forbid tencent) and be gobbled by one of them as a whole package for billions of dollars, instead of buying 1 or 2 publishers and risk having bad publicity in short term (like Microsoft with consolidation accusations), or worse by starting from scratch and end up like Stadia internal studios

Mark my words, a Huge trillion dollar company is behind all of this

 

[b6a6es]

I might get accused to Tinfoil hatting, but i have this to say


Having 68 studio’s at their grasp (and way more to come), pretty much owning the AA space and now moving on to AAA Studio Acquisitions, and all by debt nonetheless is very suspicious to me

I have a huge feeling that they’re a Proxy game industry acquisition group for a Trillion dollar company (Apple, Amazon, Google, or god forbid tencent) and be gobbled by one of them as a whole package for billions of dollars, instead of buying 1 or 2 publishers and risk having bad publicity in short term (like Microsoft with consolidation accusations), or worse by starting from scratch and end up like Stadia internal studios

Mark my words, a Huge trillion dollar company is behind all of this

 

[onesvenus]

Who is Embracer?

 

[too much eslim]

Idk how they can afford to do all of this lol

 

[jhjfss]

Who is Embracer?

parent group of THQ, koch media, deep silver, saber interactive and more.

 

[GonSama]

I'm half asleep.
They bought Gearbox (Borderlands devs) from Take Two / 2K?
Will they get their IPs?
How much will they cost?

 

[Hudo]

Can someone explain to me how they get all this money? They keep embracing studios left and right and while they do have a portfolio of games, they don't really have a lot (if any?) "heavy hitters", afaik?

 

[TriSuit666]

Idk how they can afford to do all of this lol

Mainly a paper share deal by the looks of things.

I can’t imagine the statement from Pitchford ever coming from his lips.

 

[jhjfss]

I'm half asleep.
They bought Gearbox (Borderlands devs) from Take Two / 2K?
Will they get their IPs?
How much will they cost?

gearbox always owned the ip. 2k only has publishing rights. Also 1.38 Billion

 

[TriSuit666]

gearbox always owned the ip. 2k only has publishing rights. Also 1.38 Billion

No, no. That’s not quite right, the 1.3B payout is a financial projection over 6 years dependent on Gearbox hitting sales and publishing targets, AND ensuring ‘certain key staff’ probably Pitchford included remain with the company.

The actual buyout was 338 Million plus a fucking truckload of shares.

 

[jhjfss]

No, no. That’s not quite right, the 1.3B payout is a financial projection over 6 years dependent on Gearbox hitting sales and publishing targets, AND ensuring ‘certain key staff’ probably Pitchford included remain with the company.

The actual buyout was 338 Million plus a fucking truckload of shares.

not bad i suppose? had no idea gearbox was worth that much.

 

[TriSuit666]

not bad i suppose? had no idea gearbox was worth that much.

Not that I understand it too much, release certainly suggests it’s the ‘currency cards’ which Embracer sees as the key to future profitability for them through Gearbox.

 

[SirKicksalot]

Please release the old DNF builds now, thanks.

 

[Bitmap Frogs]

I might get accused to Tinfoil hatting, but i have this to say


Having 68 studio’s at their grasp (and way more to come), pretty much owning the AA space and now moving on to AAA Studio Acquisitions, and all by debt nonetheless is very suspicious to me

I have a huge feeling that they’re a Proxy game industry acquisition group for a Trillion dollar company (Apple, Amazon, Google, or god forbid tencent) and be gobbled by one of them as a whole package for billions of dollars, instead of buying 1 or 2 publishers and risk having bad publicity in short term (like Microsoft with consolidation accusations), or worse by starting from scratch and end up like Stadia internal studios

Mark my words, a Huge trillion dollar company is behind all of this

I don’t know, they “appear” to grow organically, it’s not like they show up at a hotel and sign deals a dozen at a time.

As a company they go back to the 90’s and this Lars guy has always been involved.

 

[jhjfss]

Can someone explain to me how they get all this money? They keep embracing studios left and right and while they do have a portfolio of games, they don't really have a lot (if any?) "heavy hitters", afaik?

Embracer Group secures a new credit facility for M&A of SEK 3,0 billion - Embracer Group

Embracer Group AB ("Embracer") has signed a new credit facility of SEK 3,0 billion on favorable terms with Nordea Bank with expiry in May 2022. With the new credit facility, total cash at hand and available credit facilities amount to more than SEK 11.5 billion SEK. The new credit facility...

embracer.com

 

[GonSama]

Is there any thread about Embracer Group?
What studios (small and big) do they own?
They have any huge IPs?
Borderlands seems like one.


Edit:

What I found:
-Gearbox (Borderlands, Brothers in Arms, Duke Nukem)
-Volition (Saints Row, Red Faction)
-Warhorse Studios (Kingdom Come: Deliverance)
-Milestone (MotoGP, MXGP, Ride, Monster Energy Supercross)
-4A Games (Metro series)
-THQ Nordic (Darksiders, Red Faction, Desperados, Sine Mora, Sphinx and the Cursed Mummy)
-THQ Subsidiaries:
Bugbear Entertainment (FlatOut, Wreckfest)
Black Forest Games (Destroy All Humans, Giana Sisters)
Piranha Bytes (Gothic, Risen, ELEX)
Purple Lamp Studios ("port house"?)
Rainbow Studios (MX vs. ATV, Motocross Madness)
-Saber Interactive (they have developed World War Z, NBA Playgrounds, SnowRunner)
-Dambuster Studios (Homefront: The Revolution)
-Flying Wild Hog (Shadow Warrior)
-Coffee Stain Studios (Goat Simulator)
-Zen Studios (Pinball FX, Zen Pinball, CastleStorm)
-New World Interactive (Insurgency)
-Tarsier Studios (Little Nightmares)
-Snapshot Games (Phoenix Point, Chaos Reborn)
-Aspyr ("port house")

Damn... and there's more.

 

[ChuckeRearmed]

Let us embrace the studios!

Mark my words, a Huge trillion dollar company is behind all of this

Tencent probably.


Embracer Group is in an interesting ... group lol. Have a lot of small/medium IPs and studio. I wonder what's their end goal? Their own streaming service or something?

 

[Clear]

Profits are up across the board in the gaming sector, so its a good time to invest if you have the funding that Embracer seem to have. Having a broad portfolio will help them cut deals with platform and storefront holders and could potentially help in terms of launch timings, marketing etc.

Obviously though all the downsides of consolidation are in play too. The group hits hard times and the most vulnerable (profit-wise) assets are first on the chopping block, strategic planning creating casualties through IP transfer, etc.

Really don't know much about Embracer's corporate structure so its hard to tell how likely the pro's and con's are.

 

[DunDunDunpachi]

Does this mean Randy can get fired now?

First thought that came to mind when I clicked the thread.

 

[TriSuit666]

Does this mean Randy can get fired now?

Nope, suspect he's one of these 'key individuals' who has to stay with the company to trigger the bigger financial payouts in 6 years time.

 

[Wizz-Art]

Randy get's all the money from the sale right as he was the owner of Gearbox?

 

[TriSuit666]

Randy get's all the money from the sale right as he was the owner of Gearbox?

All the employees of Gearbox get the shares in Embracer.

 

[molasar]

They know that money will be worthless pretty soon when usurpers are printing and creating them in banking systems without any restrictions. It is better to do this now before a hyperinflation shows up.

 

[ChuckeRearmed]

They know that money will be worthless pretty soon when usurpers are printing and creating them in banking systems without any restrictions. It is better to do this now before a hyperinflation shows up.

They are mainly doing because the prices for studio are increasing due to acquisition rush.
But in gaming, new studios pop up quite often so after a couple of years we might have a lot of new studios or even publishers.

 

[Wizz-Art]

All the employees of Gearbox get the shares in Embracer.

That's a nice deal, of course in ratio where Randy will get the most but still better than nothing

 

[Thirty7ven]

People concerned LMAO

This changes nothing for the costumer. Meanwhile when MS changes things for the customer, it’s for the good of the people.

 

[ClosBSAS]

lmao gearbox...randy pitchford has nothing but borderlands and thats become stale as fuck too

 

[Pedro Motta]

Can someone explain to me how they get all this money? They keep embracing studios left and right and while they do have a portfolio of games, they don't really have a lot (if any?) "heavy hitters", afaik?

Bitcoin.

 

[molasar]

They are mainly doing because the prices for studio are increasing due to acquisition rush.
But in gaming, new studios pop up quite often so after a couple of years we might have a lot of new studios or even publishers.

There are many reasons why prices for studios go up. But the main issue is influx of worthless money, so they do not want to sit on what they already have in their bank accounts.

And we do not know what usurpers want to do with us in the end.

 

[molasar]

@Bitmap Frogs

Is something not correct about what I stated?

 

[Holammer]

WTF is Easybrain? Some Russian money laundering operation?

Easybrain - Simple Mobile Experiences

Mobile developer.

easybrain.com

 

[j0hnnix]

Jesus GodFall really knocked down Gearbox

 

[TheThreadsThatBindUs]

People concerned LMAO

This changes nothing for the costumer. Meanwhile when MS changes things for the customer, it’s for the good of the people.

Well sure it changes nothing for the costumer... he's gonna wear his various costumes no matter what.

 

[justiceiro]

Well, randy must be pleased he can finally bowser 8chan without fear of backslash at work.

 

[Interfectum]

People concerned LMAO

This changes nothing for the costumer. Meanwhile when MS changes things for the customer, it’s for the good of the people.

I'm not concerned yet but it is alarming to see even a third party own this much and it's an easy target for MS, Apple, Tencent, etc to acquire a shit ton with a single purchase.

 

[jufonuk]

Looks like MS' real competition is not google or amazon, but tencent and embracer instead.

I heard of Tencent, but not Embracer