The proposed sale of 4A Video games and Zen Studios have been shelved, Embracer Group has introduced, with each firms remaining with the mega-publisher.
Embracer introduced earlier this yr that it was promoting Saber Interactive for $247 million, and initially the Metro and Zen Pillball builders have been included as choices within the deal, which noticed a bunch of personal buyers at Beacon Interactive take management of Saber.
Lars Wingefors, CEO Of Embracer Group, has now revealed that 4A Video games and Zen Studios at the moment are remaining at Embracer and won’t be offered off.
Associated Content material — Upcoming PS5 Video games 2024: The Greatest PS5 Video games Coming Quickly
We’re glad with the conclusion of this transaction and really glad to see the nice groups and belongings of 4A Video games and Zen Studios stay inside Embracer. They are going to be vital constructing blocks in our continued journey. 4A Video games has presently two AAA titles beneath growth that we eagerly await to announce.
I’d additionally prefer to take this chance to thank [Saber founder] Matthew Karch for his contributions over time, and on the similar time congratulate the Saber workforce on the profitable launch of the enduring Warhammer 40,000: House Marine 2, that may make an amazing begin of their new construction.
Embracer Group launched into a serious restructuring course of final yr, which resulted within the lack of practically 1,400 job losses and a number of studio closures, together with Free Radical Design and Volition. Again in March, Wingefors confirmed that the restructuring was now full, and it was ‘too early’ to debate potential future acquisitions.
