News

Embracer secures new €600m revolving credit facility
Embracer secures new €600m revolving credit facility
Embracer has secured a new €600m ($652m) revolving credit facility with a two-year tenor.
July 11, 2024
Embracer-owned studio Piranha Bytes has been shut down
Embracer-owned studio Piranha Bytes has been shut down
Embracer-owned studio Piranha Bytes has been shut down.
July 8, 2024
Former Piranha Bytes devs form Pithead Studio
Former Piranha Bytes devs form Pithead Studio
Piranha Bytes' Björn Pankratz and Jennifer Pankratz have founded Pithead Studio.
July 8, 2024
Embracer Group repays $300m to lenders
Embracer Group repays $300m to lenders
Embracer Group is a step closer to clearing its debts after paying SEK 3.2 billion ($300 million) on its revolving cred…
June 20, 2024
Report: Embracer shutters Alone in the Dark dev Pieces Interactive
Report: Embracer shutters Alone in the Dark dev Pieces Interactive
Embracer has reportedly shut down Pieces Interactive, the studio behind the recently released Alone in the Dark.
June 17, 2024
Embracer's Lars Wingefors on the "brutal truth" of the AAA market
Embracer's Lars Wingefors on the "brutal truth" of the AAA market
Embracer Group's latest financials showed the stark contract between two of the firm's biggest releases from its past f…
May 31, 2024
Tomb Raider I-III Remastered and Deep Rock Galactic: Survivor were big commercial successes for Embracer
Tomb Raider I-III Remastered and Deep Rock Galactic: Survivor were big commercial successes for Embracer
According to Embracer Group, Tomb Raider I-III Remastered and Deep Rock Galactic: Survivorn sold well on all platforms.
May 27, 2024
Embracer CFO and deputy CEO Johan Ekström stepping down
Embracer CFO and deputy CEO Johan Ekström stepping down
Embracer is undergoing more leadership changes as deputy CEO and chief financial officer Johan Ekström steps down from …
May 23, 2024
Embracer Group full-year sales rise to $3.9bn, but $1.5bn debt remains
Embracer Group full-year sales rise to $3.9bn, but $1.5bn debt remains
Embracer has released its full-year financial results, showing a rise in overall sales despite a slow final quarter.
May 23, 2024
Volition shuts down after the awful Saints Row Remake
Volition shuts down after the awful Saints Row Remake
After the disappointing sales of the Saints Row Remake, it appears that Volition is no more as Embracer Group has shut it down.
Aug. 31, 2023
Metro Exodus and Dead Island 2 have sold 8.5 million and 2 million copies, respectively
Metro Exodus and Dead Island 2 have sold 8.5 million and 2 million copies, respectively
Embracer Group has announced that Metro Exodus and Dead Island 2 have sold 8.5 million and 2 million copies, respectively.
May 24, 2023
Embracer Group to acquire EIDOS, Crystal Dynamics & Square Enix Montreal
Embracer Group to acquire EIDOS, Crystal Dynamics & Square Enix Montreal
Embracer Group has announced that it has entered into an agreement to acquire the development studios Crystal Dynamics, Eidos-Montréal and Square Enix Montréal.
May 2, 2022