Embracer Group, the parent company of THQ Nordic, has acquired a number of game studios this week, starting off with 4A Games – best known for the Metro series. Not only has 4A Games been acquired, but their new owners also confirmed that work on a fourth Metro game is now underway.
Embracer Group now owns 100 percent of shares in 4A Games, a deal worth between $36 million and $45 million. Embracer Group subsidiary, Saber Interactive, has also picked up New World Interactive, a Canada-based studio. THQ Nordic, another subsidiary of Embracer Group, has acquired Pow Wow Entertainment and Deca Live Operations.
With all of this movement, Embracer Group has substantially bolstered its selection of game studios. This news also comes with word on several exciting game projects. For starters, the next Saints Row game is deep into development, 4A Games is working on another Metro game and a new multiplayer-focused IP.
Embracer Group has 26 studios under its belt now, so there will be plenty of other games coming down the pipeline, like Biomutant, a new entry into the Darksiders series and more.
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KitGuru Says: Embracer Group is becoming a bit of a powerhouse in the industry with all of these studios under its belt. 4A Games in particular is a very good pickup.