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Embracer acquires board game firm Asmodee
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pcgamesinsider.bizEuropean games firm Embracer Group has bought Asmodee.
As revealed on its investor page, the publisher intends to acquire the French board game outfit for €2.75 billion ($3.1 billion); €2.4 billion ($2.7 billion) is being paid out in cash, while €350 million ($394 million) is doled out in stock.
That's certainly a lot more than the $1.4 billion valuation that Asmodee landed back in 2018.
"If the acquisition is completed, Embracer would onboard one of the market leading independent global players
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