Embracer: Dreamy Acquisition

Research Note

2021-02-03

08:49

Today Embracer communicated three acquisitions and at least two of them are major. Gearbox is one of the few independent mid to large-sized AAA-studios that has not yet been acquired and was aquatically on our “short-list” of dreamy acquisitions for Embracer. We would say that the IP-portfolio with Borderlands at the top is not only robust, it is super strong. With 60 million copies sold the Borderlands-series is Embracers Groups' strongest IP.

TO

DZ

Tomas Otterbeck

Danesh Zare

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