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Embracer Group Acquires Torchlight Publisher Perfect World Entertainment In $125 Million Deal

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22.12.2021 - 17:53

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gamespot.com:

Embracer Group's buying spree continued this week, as the Swedish company added Perfect World Entertainment to its portfolio. Under the $125 million deal--which was paid to China's Perfect world through $60 million in cash and $65 million in B shares of Embracer stock--Embracer acquired Perfect World Publishing and Cryptic Studios, two California studios, and a quality assurance and localization office in Amsterdam.

Cryptic Studios was founded in 2000 and established itself as an operator of MMO

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Embracer Group Acquires Torchlight Publisher Perfect World Entertainment In $125 Million Deal

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