Embracer Group is a Swedish video game holding company controlled by Lars Wingefors. In 2016, the company was spun out of Nordic Games Group and in 2019 it was renamed Embracer Group.
As of December 2025, they own more than 55 internal studios in nearly 30 countries in Europe and the Americas. Its subsidiaries are organized under six groups: CDE Entertainment, Dark Horse Media, DECA Games, Embracer Freemode, Plaion and THQ Nordic. Each group has its own operations, subsidiaries and development studios.
Acquisitions
Date Company Country Parent company Value Black Forest Games THQ Nordic €1,360,000 Pieces Interactive $350,000 Experiment 101 $8,900,000 Koch Media Dambuster Studios Fishlabs Volition /
Plaion $149,000,000 HandyGames THQ Nordic Coffee Stain Holding Coffee Stain Studios Coffee Stain North (60%) Ghost Ship Games (35%) Lavapotion (60%) Other Tales Interactive (20%)
Coffee Stain Holding $34,900,000 Bugbear Entertainment (90%) THQ Nordic 18Point2 Plaion €1,900,000 Warhorse Studios €42,800,000 Piranha Bytes THQ Nordic KSM Plaion Gaya Entertainment Milestone €44,900,000 Gunfire Games THQ Nordic Goodbye Kansas Game Invest Fall Damage (50%) Framebunker (21%) Kavalri (21%) Neon Giant (24%) Palindrome Interactive (50%)
Amplifier Game Invest $3,950,000 Tarsier Studios $10,500,000 Saber Interactive Saber Belarus Saber Porto Saber Russia Saber Spain Saber Sweden
Saber Interactive $525,000,000 Voxler Plaion €1,900,000 DestinyBit Amplifier Game Invest 4A Games / Saber Interactive $45,000,000 New World Interactive Rare Earth Games Amplifier Game Invest €3,300,000 Vermila Studios €900,000 Palindrome Interactive (remaining 50%) Pow Wow Entertainment THQ Nordic DECA Games DECA Games €25,000,000 Sola Media Plaion $2,700,000 Vertigo Games €50,000,000 Flying Wild Hog $137,000,000 Purple Lamp Studios THQ Nordic Zen Studios Saber Interactive Snapshot Games Nimble Giant Entertainment 34BigThings Mad Head Games Sandbox Strategies A Thinking Ape Entertainment DECA Games $31,000,000 IUGO Mobile Entertainment Coffee Stain North (remaining 40%) Coffee Stain Holding Silent Games Amplifier Game Invest Quantic Lab (95%) €4,500,000 Gearbox Software Gearbox Studio Québec Gearbox Software $1,300,000,000 Easybrain / Easybrain $640,000,000 Aspyr Saber Interactive $450,000,000 SpringboardVR Plaion Kaiko THQ Nordic Massive Miniteam Appeal Frame Break Amplifier Game Invest 3D Realms /Saber Interactive Slipgate Ironworks CrazyLabs DECA Games DigixArt Plaion Force Field Ghost Ship Games (remaining 65%) Coffee Stain Holding Easy Trigger Grimfrost (70%) THQ Nordic Demiurge Studios Saber Interactive Fractured Byte SmartPhone Labs Bytex Jufeng Studio DECA Games Splatter Connect Plaion Asmodee Atomic Mass Games Bezzerwizzer Studio Catan Studio Days of Wonder Edge Entertainment Fantasy Flight Games Gamegenic The Green Board Game Company Libellud Lookout Games Mixlore Pearl Games Plan B Games Purple Brain Rebel Studio Repos Production Space Cow Space Cowboys Unexpected Games Z-Man Games Zygomatic
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Asmodee €2,750,000,000 Green Tile Digital Amplifier Game Invest Perfect World Entertainment Cryptic Studios Gearbox Software $125,000,000 Spotfilm Networkx Plaion Shiver Entertainment Saber Interactive Digic Holdings Digic Pictures Digic Services
Dark Horse Media Berger Books (50%) Dark Horse Comics Dark Horse Entertainment Dark Horse Games Dark Horse Manga DH Press Kitchen Sink Books (50%) Things From Another World
Dark Horse Media A Creative Endeavour Amplifier Game Invest Metricminds THQ Nordic Development Plus Inc. Plaion Invisible Walls Amplifier Game Invest Beamdog Saber Interactive Lost Boys Interactive Gearbox Software May 2022 Assets of Square Enix Europe Crystal Dynamics Eidos-Montréal Square Enix Montréal
CDE Entertainment$300,000,000August 2022 Tripwire Interactive Saber Interactive Tuxedo Labs Middle-earth Enterprises Embracer Freemode Limited Run Games Bitwave Games Gioteck Singtrix Tatsujin October 2022 Anime Limited / Plaion Pictures VR Distribution / Asmodee Captured Dimensions Gearbox Software
Divestitures Date Company Operative group Buyer Price November 2019 Foxglove Studios THQ Nordic Management buyout July 2023 Goose Byte Amplifier Game Invest October 2023 Fall Damage Fragbite $1,800,000 November 2023 River End Games Nordcurrent February 2024Saber Interactive 3D Realms Digic Pictures Fractured Byte Mad Head Games New World Interactive Nimble Giant Entertainment Sandbox Strategies SmartPhone Labs Slipgate Ironworks StuntworksSaber Interactive Beacon Interactive $247,000,000 March 2024 Gearbox Software Gearbox Entertainment Take-Two Interactive $460,000,000 Rainbow Studios THQ Nordic Management buyout May 2024 Shiver Entertainment Saber Interactive Nintendo November 2024 Easybrain Easybrain Miniclip $1,200,000,000 November 2025 Arc GamesCryptic Studios Freemode Project Golden Arc $30,000,000 December 2025 Anime Limited Plaion Toho
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