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Embracer Group Buys Up Eight Studios Including Duke Nukem Creator 3D Realms

Duke Nukem Via Gearbox

Embracer Group, a Swedish holding company, is continuing its quest to own every single video game studio. All of them. Embracer has already acquired port studio maker Aspyr Media, Borderlands franchise owner Gearbox, and Metro developer 4A Games, and raised almost a billion dollars to continue its mad spending spree.

And to that end, Embracer has announced eight more studios are in the process of joining the Embracer collective. Those eight studios are:

Embracer is still in the process of acquiring all eight studios for the total price of around $313 million USD, a purchase it says is "aligned with Embracer’s growth strategy and is enabled by the group’s decentralized operating model."

Related: Matt Hancock's Office Has Been Recreated Using Duke Nukem's Build Engine

Of all of them, Embracer seems most excited about CrazyLabs, which will work with Deca Games to form a "sizable, scalable and cash generative mobile business with a solid outlook for organic growth as well as a platform for acquisitions going forward." Slipgate is working on several projects with both Saber Interactive and THQ Nordic, while Ghost Ship, Easy Trigger, and 3D Realms bring all their great IP to the group.

With just over $300 million spent, Embracer still has plenty of money left for even more acquisitions. We wouldn’t be surprised to hear of another buying blitz later this year.

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