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Mega-corp’s ongoing restructuring efforts in wake of failed $2bn deal looks likely to hit more storied studios
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Embracer’s share prices have risen in the wake of the rumoured Gearbox sale, which Reuters’ sources stressed was still in the stages of discussion and therefore not guaranteed to happen.
Given Embracer’s enormous size and ongoing restructuring efforts, this likely won’t be the last time we’ll see one of its many embraced studios - and the people that work there - facing an uneasy future as we head into 2024.
Perhaps Embracer’s recent troubles will finally teach the games industrya much-needed lesson about consolidation. Then again, given that the record $69 billion Microsoft-Activision Blizzard mergerstill looks likely to make it through the courtsin the coming months, maybe it won’t.
