Embracer Group continues its run.
The Swedish company Embracer Group has entered into agreements to acquire three other companies in the gaming industry, including the entertainment publisher Dark Horse Media. The deal marks a leap into cross-media for Embracer as it will have access to Dark Horse’s roster of more than 300 intellectual properties, as well as its comic book publications and television production divisions.
The founder and CEO of Dark Horse, Mike Richardson, will continue to lead the company. Terms of the deal were not disclosed. Embracer’s subsidiary Saber Interactive has also acquired 100% of the shares in Shiver Entertainment, a Florida-based development studio led by industry veterans John Schappert and Jason Andersen. Shiver Entertainment was founded in 2013 and has grown to nearly 20 people. It mainly focuses on co-development and porting projects across multiple platforms.
Finally, Embracer has signed an agreement to acquire 100% of the shares of the German video on demand channel Spotfilm Networx through another subsidiary, Koch Media. The company will also operate under Koch in the future and will continue operations from its current office in Berlin.
“Can’t believe I can finally work with Schappert and Andersen, two industry legends based in my hometown of Miami“said Saber CEO Matthew Karch.”With this acquisition we have not only brought in a great development resource, but we have significantly added to Saber’s management capabilities. John and I are ready to greatly expand our operations in North America“.
Source: Push Square
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