Embracer

Embracer Group owns and operates a chain of 44 video game development studios that designs and publishes games for PC and smartphones. Read more

Lars Wingefors's photo - Founder & CEO of Embracer

Founder & CEO

Lars Wingefors

CEO Approval Rating

85/100

Founded:

2011

Status:

PublicMerger Pending with Gearbox Software, LLCNasdaq OMX NordicEMBRAC B

EMBRACER TOP COMPETITORS OR ALTERNATIVES

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NetEnt is seen as one of Embracer's top competitors. NetEnt was founded in Stockholm, Stockholms län} in 1996. NetEnt is in the Online Gambling industry. Compared to Embracer, NetEnt generates $556.2M less revenue.

Paradox is Embracer's #2 competitor. Paradox was founded in 1999, and its headquarters is in Stockholm, Stockholms län. Paradox competes in the Gaming industry. Paradox has 4,894 fewer employees than Embracer.

Stillfront is Embracer's #3 rival. Stillfront is headquartered in Stockholm, Stockholms län, and was founded in 2007. Like Embracer, Stillfront also competes in the Gaming industry. Stillfront generates 47% the revenue of Embracer.

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Embracer Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$782.1M

Embracer's revenue is the ranked 1st among it's top 10 competitors. The top 10 competitors average 205.5M. Over the last two quarters, Embracer's revenue has grown by 19.2%. Specifically, in Q3 2020's revenue was $264.5M; in Q2 2020, it was $222M.

Embracer Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Gearbox Software, LLC

Feb 2021

Source »
$363M
Gearbox Software is a Texas-based entertainment company that develops and publishes video games for smartphones and PCs.
Aspyr Media, Inc.

Feb 2021

Source »
undisclosed
Aspyr Media is a Texas-based entertainment company that develops and publishes video games for smartphones and PCs.
Easybrain

Feb 2021

Source »
$640M
Easybrain is a Limassol-based entertainment company that develops and publishes video games for smartphones.
Quantic Lab SRL

Nov 2020

Source »
$5.6M
Quantic Lab is an outsourcing company that provides testing and quality assurance services for the gaming and entertainment industries.
Snapshot Games, Inc.

Nov 2020

Source »
undisclosed
Snapshot Games is a gaming studio that develops and publishes mobile and web-based games.

These are all the companies that Embracer has acquired. Embracer has acquired 9 companies and its latest acquisition was Gearbox Software, LLC in Feb 2021. Gearbox Software is a Texas-based entertainment company that develops and publishes video games for smartphones and PCs.

Embracer Funding History

Since Embracer was founded in 2011, it has participated in 5 rounds of funding. In total Embracer has raised $2.3B. Embracer's last funding round was on Mar 2021 for a total of $912.3M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Post-IPO Equity
Mar 2021
$912.3M
-
Debt
Dec 2020
$358.5M
Private Placement
Oct 2020
$649.7M
-
Equity
Apr 2020
$164M
Equity
Feb 2019
$225M

Since Embracer was founded in 2011, it has participated in 5 rounds of funding. In total Embracer has raised $2.3B. Embracer's last funding round was on Mar 2021 for a total of $912.3M

Embracer Investments

No recent investments found related to Embracer

These are all the companies that Embracer has invested in. Embracer has invested 9 companies and its latest investment was Gearbox Software, LLC in Feb 2021. Gearbox Software is a Texas-based entertainment company that develops and publishes video games for smartphones and PCs.

Embracer News

May 20, 2021VentureBeat

Embracer sells 6.8M copies of Valheim, has 160 games in development

Embracer Group said Valheim sales have topped 6.8 million copies and the company has 160 games in the... See more »
May 20, 2021GamesIndustry

Embracer Group has had acquisition talks with 150 more companies

Publisher says it's in "more than 20 late-stage talks" with targets, reports earnings including 6.8 m... See more »
May 20, 2021WCCFtech

Fees Paid to Platform Owners Are Over Twice Game Development Costs

Embracer had yet another great quarter, featuring 80% increased net sales, 137% increased EBITDA (ear... See more »
May 20, 2021TechRaptor

Valheim Drives Strong Financial Year For Embracer Group

Embracer Group, the parent company of huge gaming giants like THQ Nordic, Gearbox, and Deep Silver ow... See more »
April 23, 2021CompanyNews HQ

Embracer's acquisition spree takes it to top of European games business

By Supantha Mukherjee 5 Min Read KARLSTAD, Sweden (Reuters) - In a quiet corner of the town of Karlst... See more »
April 7, 2021Gamasutra

Embracer completes $1.38 billion acquisition of Borderlands dev Gearbox

Embracer Group has completed its $1.38 billion purchase of Borderlands and Brothers in Arms developer... See more »
April 7, 2021VGChartz

Embracer Group and Gearbox Entertainment Merger Now Complete

The Gearbox Entertainment Company and Embracer Group have announced the merger between the two compan... See more »

Embracer Press Releases

October 8, 2020Cision

Embracer Group successfully completed a placement of 35,689,907 new B shares raising proceeds of more than SEK 5.75 billion

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR... See more »
October 7, 2020Cision

Embracer Group announces contemplated directed issue of B shares and sale of existing B shares by co-founders

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR... See more »
September 8, 2020Cision

Embracer Group's Annual General Meeting including selected deep dive information

You are hereby invited to the webcast in connection to the Embracer Group Annual General Meeting on... See more »
August 26, 2020Cision

Embracer Group publishes Annual Report 2019/2020

Embracer Group today publishes its Annual Report for the financial year 2019/2020. The Annual... See more »
August 17, 2020Cision

NOTICE OF ANNUAL GENERAL MEETING IN EMBRACER GROUP AB

The shareholders of Embracer Group AB, reg. no. 556582-6558, (the "Company") are hereby invited to... See more »
August 13, 2020Cision

OPERATIONAL EBIT INCREASED 249% TO SEK 712 MILLION

FIRST QUARTER, APRIL-JUNE 2020 (COMPARED TO APRIL-JUNE 2019) · Net sales increased by 81% to... See more »

Embracer Videos

Social Media

Embracer Headquarters

Alvgatan 1

Karlstad, Värmlanda länSE-652 25

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Embracer Summary

ABOUT

Overview

Embracer Group owns and operates a chain of 44 video game development studios that designs and publishes games for PC and smartphones. Embracer was founded in 2011. Embracer's headquarters is located in Karlstad, Värmlanda län, SE SE-652 25. It has ra...

CEO

Embracer's Founder & CEO, Lars Wingefors, currently has an approval rating of 85%. Embracer's primary competitors are NetEnt, Paradox & Stillfront.

Frequently Asked Questions about Embracer

  1. When was Embracer founded?

    Embracer was founded in 2011
  2. Who is Embracer's CEO?

    Embracer's CEO is Lars Wingefors
  3. How much revenue does Embracer generate?

    Embracer generates $782.1M in revenue
  4. How much funding does Embracer have?

    Embracer has historically raised $2.3B in funding
  1. Where is Embracer's headquarters?

    Embracer's headquarters is in Karlstad Värmlanda län, SE
  2. How many employees does Embracer have?

    Embracer has 5,500 employees
  3. What sector does Embracer operate in?

    Embracer is in Gaming, Online Gambling
  4. Who are Embracer's competitors?

    Embracer's top competitors are NetEnt, Paradox, Stillfront