Embracer Group
Embracer Group AB (formerly Nordic Games Licensing AB and THQ Nordic AB) is a Swedish video game and media holding company based in Karlstad. The company consists of 12 "operative groups", which include Amplifier Game Invest, Asmodee, CDE Entertainment, Coffee Stain Studios, Dark Horse Comics, DECA Games, Middle-earth Enterprises, Gearbox Software, Plaion, Saber Interactive, and THQ Nordic.
Logo in use since September 2019 | |
| Formerly |
|
|---|---|
| Company type | Public |
| Nasdaq Stockholm: EMBRAC B | |
| ISIN | SE0013121589 |
| Industry | Video games |
| Founded | 2011 |
| Founder | Lars Wingefors |
| Headquarters | , Sweden |
Key people | |
| Revenue | 38.074 billion kr (2023) |
| 0.194 billion kr (2023) | |
| 4.462 billion kr (2023) | |
| Total assets | 116.071 billion kr (2023) |
| Total equity | 64.721 billion kr (2023) |
| Owners |
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Number of employees | 16,600 (2023) |
| Parent | Nordic Games Group (2011–2016) |
| Subsidiaries | See § Subsidiaries |
| Website | embracer |
Nordic Games Group established Nordic Games Licensing in 2011 as the parent of publisher Nordic Games GmbH. The company has acquired several assets from defunct publishers, beginning with those of JoWooD in 2011 and THQ in 2013. In August 2016, Nordic Games Licensing and its publishing subsidiary changed their names to THQ Nordic AB and THQ Nordic GmbH, utilising the "THQ" trademark that it had acquired in 2014. It was spun out of Nordic Games Group to become a public company in 2016 and was renamed Embracer Group in 2019. Following further acquisitions of numerous assets, it began restructuring and closing studios in 2023 after an expected US$2 billion investment fell through.