SpongeBob SquarePants: The Cosmic Shake

Embracer Group isn't a name many people are familiar with, but you will have heard of the publishers and developers that fall under its vast umbrella. THQ Nordic, Koch Media, and Deep Silver are all part of it, and that's just the tip of the iceberg. This is the company that pops up every couple of months having acquired a handful of studios, and it looks like the spending spree won't be stopping any time soon.

Over the last 12 months, Embracer has acquired no less than 37 studios and labels. Some examples include Gearbox Entertainment, 3D Realms, and Flying Wild Hog, but there are obviously many others. Amazingly, the conglomerate is looking to scoop up just as many studios as we head into 2022.

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In its latest financial report, the company states it expects "to do a similar amount of transactions over the coming 12 months", adding that it has "a large range of active processes and dialogues, including a good number of signed exclusive term sheets". In other words, the wheels are very much in motion on a number of deals.

It's a scarily big company; it owns more than 250 franchises, has 86 internal development studios, and is working on a ludicrous number of games. Nearly 60 have been announced across all its publishing labels, and there will be many more we don't know about yet. To think Embracer will grow even more in the near future is quite something.

[source embracer.com, via gematsu.com]