GamesAs restructuring ends with the sale of Gearbox, Embracer’s CEO has a new plan: ‘simply making better products and games’When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.

GamesAs restructuring ends with the sale of Gearbox, Embracer’s CEO has a new plan: ‘simply making better products and games’When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.

When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.

(Image credit: Embracer Group)

Lars Wingefors at Embracer Group Q4 investors livestream

Good news, everyone! Embracer Group is bringing an end to its restructuring process. You know, the one that followed in the wake of itscollapsed $2 billion deal, resulting in the closure ofVolitionandFree Radical, the layoff of over1,300 developers, thecancellation of a new Deus Ex, and a fire-sale of studios that includeSaber Interactiveand, most recently, Borderlands developerGearbox.

“I think it’s way too early to start talking about restarting the M&A [Mergers and Acquisitions] engines again,” Wingefors said. “Now we are in the late phases of the consideration into the future of the group, and that’s our highest focus and priority—how we set up ourselves and structure ourselves, and utilise our assets we have within the group, and have them work together.”

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Palestinian developer raises more than $200,000 to make Dreams on a Pillow, a game about the horrors of the 1948 Nakba

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