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THQ Nordic parent company Embracer Group has acquired Little Nightmares developer Tarsier Studios, the company announced.
Embracer Group will support Tarsier Studios with long-term investments into new intellectual property development, and the studio will remain autonomous within Embracer Group’s wolly owned sub-group Goodbye Kansas Game Invest. Embracer Group and Goodbye Kansas Game Invest will act as owner, financier, and publisher of Tarsier Studios’ new properties.
Embracer Group AB co-founder and CEO Lars Wingefors
We at Embracer are impressed with the position and the team that Tarsier has built up during 15 years, which is evident looking at the fantastic reviews that several of the studio’s famous productions have received, and with the future ambitions of the Studio. Together with Tarsier, we want to invest in developing new projects, in the same manner they have done successfully in the past. We look forward to, together with management and all of Tarsier’s employees, embrace the quality and creativity the Studio has, and take the Studio to the next level.
Tarsier Studios boss Andreas Johnsson added
GematsuIt feels exciting to, after a 15-year long journey with Tarsier, partner up with Embracer to continue develop the potential that our studio has. We look forward to the opportunity to continue making exceptionally great games together with Embracer Group.
Embracer Group acquires critically acclaimed Tarsier Studios - Embracer Group
Embracer Group today acquired Tarsier Studios. The purchase price is SEK 88 million in cash and SEK 11 million in newly issued Embracer B-shares, plus a conditional earn-out, payable over 10-years to certain sellers who will remain with Tarsier. The acquisition includes the development studio...
embracer.com