While a lot of the announced plans revolve around Embracer’s gaming holdings (alongside publishers and back catalogues such as THQ Nordic and studios like Borderlands developer Gearbox, the group acquired the rights to legendary series like Tomb Raider and Deus Ex in its spate of rapid growth) it’s not yet known how these planned initiatives will affect people at Embracer’s other acquisitions. The program presented today will transform us from our current heavy investment mode to a highly cash-flow generative business this year.” We have acquired some of the world’s leading entertainment IP, and we have invested into one of the largest pipelines of games across the industry. “During the past years, Embracer invested significantly, both in acquisitions and into a strategy of accelerated organic growth. “This morning we announced a restructuring program across the Embracer Group that will make us a leaner, stronger and a more focused, self-sufficient company,” Embracer CEO Lars Wingefors said in a letter about the restructuring. These Are the Best Desktop Apps for Gmailĩ of the Best Flops on Display at the Museum of Failureįrom Disney+ to Max, Here Are the Best Streaming Services
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