Wingefors' CEO duties will be taken on by Phil Rogers from August 1. Wingefors will be appointed chair of the board in September.
As part of the move, Coffee Stain Group will keep quite a few IPs with it, including Deep Rock Galactic, Goat Simulator, and Valheim.
As part of the deal with Plaion, Starbreeze had to issue a host of new series B shares of the company which would go to Embracer Group.
Warhorse's acclaimed open-world action RPG sold over a million units at launch last week and has continued to sell well.
Saber Interactive will not be exercising the option to acquire the Metro and Zen Pinball studios from its former parent company, it has been confirmed.
"The need to adapt to shifting market conditions within the video game industry has required us to reassess our operations to align with the evolving needs of our business and our partners," the devel...
Tarsier Studios, which was acquired by Embracer Group in 2019, will be unveiling its next game at the THQ Nordic Showcase, it has confirmed.
The studio behind the Gothic, Risen, and Elex franchises has reportedly been shut down by parent company Embracer Group.
The survival horror reboot performed below expectations where sales were concerned, Embracer Group revealed last month.
While it doesn't yet have a release date, Embracer Group has revealed that Killing Floor 3 is set for release before the end of the current fiscal year.
Pieces Interactive's survival horror reboot had a "softer-than-expected performance" following its launch this past March.
The action RPG also had over seven million players on Game Pass. Dambuster Studios has since confirmed further updates.
Shiver Entertainment developed the Nintendo Switch ports of Hogwarts Legacy and Mortal Kombat 11.
In a recent interview with GamesBeat, Embracer Freegroup CEO Lee Guinchard talks about the future of all things Middle-earth.
These are Asmodee Group, Coffee Stain and Friends, and Middle-earth Enterprises and Friends (which Embracer is being renamed to).
Embracer Group initiated its restructuring program in June 2023, leading to multiple project cancellations and studio closures on top of widespread layoffs.
Within hours of news breaking that Gearbox had been sold by Embracer Group, several staff members were informed they were being laid off.
Following Gearbox's sale to Take-Two, these studios will be "welcomed and integrated" into other parts of the Embracer Group.
Co-op shooter John Carpenter's Toxic Commando is also included, with CCO Timm Willits excited to share more details on all three titles.
Embracer Group recently confirmed that it's continuing development on "a previously announced AAA game based on a major license."
