Acquisition of CrazyLabs and Ghost Ship Games stand out
Embracer announced a total of 8 new acquisitions this morning, which add another 500 developers to the group, mainly within the mobile gaming segment through Israeli hyper-casual publisher CrazyLabs, which is the most sizeable acquisition today with Jul’20-Jun’21 revenues of USD 153m (expected to close during current quarter). CrazyLabs will join the Deca Games segment. We would also highlight the acquisition of Ghost Ship Games, which will join the Coffee Stain segment. Ghost Ship Games has developed Deep Rock Galactic which was released in 2020 to very strong reviews (~85 Metacritic) with several million copies sold across PC/Xbox. Ghost Ship Games had a very favorable publishing agreement with Coffee Stain for Deep Rock Galactic, receiving a healthy majority of revenues, all of which will now stay in the Embracer family following the acquisition.
LÄS MER