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Embracer Group Acquires Torchlight Publisher Perfect World Entertainment In $125 Million Deal
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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
Read more on gamespot.comAbout this in other media
Embracer Buys Up Perfect World, Shiver, And Digic To End The Year Of Acquisitions thegamer.com /2 years ago
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26.12 / 17:09
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What makes an open world game ‘Breath of the Wild-like?’
If you want to make a gamer’s head spin, compare a video game to The Legend of Zelda: Breath of the Wild. Since the game launched in 2017, the Nintendo Switch game has become a popular point of comparison when describing other open-world games. It’s almost a meme at this point, approaching “It’s the Dark Souls of…” levels of cliché.
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