Swedish holding company Embracer group raised US $ 164 million in investments through targeted equity issuance. Last year parent company Thq nordic, Deep silver, Saber interactive and Coffee stain For similar business expansion efforts, it received US $ 225 million from over 100 international companies.
The investment will be used for further acquisitions of game development studios, publishers, and other assets that match Embracer’s recent purchases, such as February $ 525 million acquisition of Saber Interactive.
Embracer group She also issued a statement regarding continued isolation associated with the spread of coronavirus infection, saying the company is working hard to tailor its operations to the current global situation.
Now the pandemic is having “limited” influence on business groups of companies, and in recent weeks, the holding, on the contrary, has been observing an increase in activity and demand for its own projects.
All studios and publishers are open and work almost at full capacity; transition period caused “only minor losses in the manufacturing process”.
Nevertheless, there are problems on the physical distribution side of the games, because the situation there is far from stable and many retailers had to close their doors indefinitely.
May 22 this year on the Xbox One, PlayStation 4 and PC will be available an updated version Saints Row: The Third from the publisher Deep silver The development of the action movie Saints Row V has already been confirmed earlier, and the game should be shown this year.
See also: One of the creators of the Xbox is suing Atari for the unpaid amount of work on the design of the console design VCS
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