Search Results for: embracer group

The Embracer Group has announced via press releases that they have acquired the rights to several IPs and studios. Headlined by the literary works of J.R.R. Tolkein, the list of acquisitions also includes Limited Run Games, Singtrix, Tuxedo Laps, and Tripwire Interactive. The video game rights for Lord of the Rings and the Hobbit have […]

In a surprising move, Square Enix announced last night that the company’s president, Yosuke Matsuda, will be stepping down later this year. He has held this role for nearly a decade.  The proposed changes were sent to shareholders and investors, outlining Matsuda’s departure plan and his proposed replacement Takashi Kiryu. Gematsu is also reporting this to […]

Reuters reports that Tencent Holdings wants to raise its stake in Ubisoft Entertainment. The Chinese company bought a 5% stake in Ubisoft in 2018. They have reached out to the Guillemot family, Ubisoft’s founders and majority owners, who expressed interest in raising their stake in Ubisoft. The Reuters article states that Ubisoft is valued at […]