Holding Embracer Group managed to bypass the market capitalization of the French publishing house Ubisoft and take first place among the gaming companies in Europe. This is stated in the investor note.
Embracer Group $ EMBRAC has overtaken Ubisoft $ UBI as Europe’s most valuable public game company.
Market cap as of today’s market close:
Embracer Group: SEK 105.10b (~ € 10.41m)
Ubisoft: € 10.31b(Unity Technologies was founded in Denmark, but is now listed and HQ’ed in the US.) pic.twitter.com/TJdW6YG03V
– EmbracerInvestor (@EmbracerInvest) February 9, 2023
Market capitalization at the close of the market the day before was:
- Embracer Group: SEK 105.10 billion (~ € 10.41 billion)
- Ubisoft: € 10.31 billion
The holding includes THQ Nordic, Deep silver, Coffee stain, Saber Interactive, Gearbox, 4A Games, Aspyr, Flying Wild Hog, Tarsier Studios and a number of other companies. All Embracer Group studios are currently developing over 100 games in total. One of the closest significant releases of the conglomerate will become post-apocalyptic open-world action RPG Biomutant – he will drop into PlayStation 4, Xbox One and PC (Steam) on May 25 this year.
Read also: Forget about the imminent release of GTA VI: Take-Two Interactive revealed updated sales figures for Grand Theft Auto V
Add to our Telegram channel by the link or search for it manually in the search by name gmradost… There we publish, including what is not included in the news feed… Also subscribe to us in Yandex.Dzene, Twitter and VK. And don’t forget that we now have a dark theme and ribbon instead of tiles.
