TThe Embracer Group has picked up 12 studios, including developers such as Phoenix Point Snapshot Games.
Embracer Group Acquires 12 Game Studios, Including Phoenix Point Developer
The Embracer Group has snapped 12 studios, including the developers behind a turn-based RPG. Phoenix Point By the original X-Com creator, Snapshot Games. As a result, 58 studios are currently operating under the Embracer Group. This group consists of six major publishers with numerous studios.
In the case of snapshot studios, they were acquired by Sabre Interactive behind titles such as World War Z and SnowRunner. Koch Media has acquired the Flying Wild Hog development team, which is currently working on Shadow Warriors 3. This team was published by Digital Devolver in 2021.
Phoenix Point, released late last year, follows a mysterious phenomenon that is currently threatening humans. Phoenix Point is about a virus known as Pandoravirus in 2047. The heart behind the original XCOM series was a veteran designer. Of the game. Phoenix Point was certainly a small project compared to the XCOM series, but it’s a step in the right direction for the studio and they seem to continue to expand this universe.
We’re excited to see the snapshots working with Saber’s world-class team. Julian and I look forward to working with Andrey, Matt and Lars to develop and extend the Phoenix Point universe and bring new IP to viewers around the world.
Davide Kaye – Co-founder of snapshot games
Other studios participating in the Embracer Group include Mad Head Games, Coffee Stain North, Silent Games, Zen Studios, Thinking Ape Entertainment, Nimble Giant Entertainment, IUGO Mobile Entertainment, 34BigThing, Quantic Lab and Purple Lamp Studios.
The deal is probably smaller than Microsoft’s recent move to acquire Bethesda Softworks and its parent company ZeniMax Media, but 58 studios are a significant collection of development studios. Hopefully this represents a new opportunity for some great games to be produced.
For those who missed it, Phoenix Point Year One Edition will be released on Steam on December 3rd.
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