Swedish video game holding giant Embracer Group revealed today that its empire has grown even larger with the acquisition of a few major companies that include Perfect World Entertainment and Dark Horse Media.
Perfect World Entertainment is a video game developer and publisher that’s known for various successful MMOs such as Neverwinter, Star Trek Online, and Champions Online, while Dark Horse Media is a company that should require little to no introduction for comic book readers. Its divisions include Dark Horse Comics, the publisher behind Aliens vs. Predator, Hellboy, Robocop vs. The Terminator, and other classic graphic novels, and Dark Horse Entertainment, the production company behind films such as The Mask and Timecop.
Embracer declined to reveal how much it paid for Dark Horse Media, but the company appears to have spent $125 million for its acquisition of Perfect World Entertainment.
“It has been an amazing journey being a part of Perfect World, and we thank them for all of their support throughout the years,” commented Yoon Im, CEO of PWE. “PWE is delighted to become a part of the Embracer family, and join Gearbox on their mission to entertain the world. We are eager to apply our vast experience and talents to benefit both shareholders and customers around the world.”
“I can’t express the excitement I feel as Dark Horse moves into this new chapter in our history,” says Mike Richardson, founder and CEO of Dark Horse. “The synergies that exist with the Embracer network of companies promises exciting new opportunities not only for Dark Horse, but also for the creators and companies we work with. I’ve had a number of compelling conversations with Embracer CEO Lars Wingefors and I’m very impressed with him and what he and his team have built. I have to say, the future for our company has never looked brighter.”
Other companies that Embracer Group announced acquisitions for today include Shiver Entertainment, DIGIC, and Spotfilm Networx, a leading AVOD channel operator in Germany. DIGIC is an animation studio, while Shiver Entertainment’s previous projects include Scribblenauts Showdown and Mortal Kombat 11.
Source: Embracer Group