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Each of them will focus on their "core strategies".
Image credit: Warhorse Studios
On April 22, Embracer announced the restructuring of the holding into three separate companies, which will keep current studios and their IPs.
This strategic shift is aimed at enabling each division to concentrate on its core competencies, with individual management structures in place to streamline decision-making and production processes.
Lars Wingefors, the current CEO of Embracer, will continue to oversee the three new companies. He cited the decision as a means to unlock the creative potential of each team.
Image credit: Deep Silver, Dead Island
Speaking of the reorganized entities, the first one is Asmodee Group. It will be focused on tabletop games, comprising 23 studios with over three hundred IPs.
The second one is Coffee Stain & Friends, which will be engaged in developing games for PC, consoles, and mobile platforms. This segment includes renowned studios like THQ Nordic, Coffee Stain, and Ghost Ship, working on titles such as Deep Rock Galactic, Goat Simulator, and more than 200 other IP series.
The last one is Middle-earth Enterprises & Friends, which will concentrate on AAA games for PC and consoles, with studios like Crystal Dynamics, Eidos-Montréal, and Warhorse Studios working on IPs like Dead Island, Kingdom Come Deliverance, and Tomb Raider, among others.
"The time is right for Embracer to become three public companies, each boasting sufficient scale, coherent strategies, specialised business models and empowered by visionary leadership teams," wrote Wingefors (via GamesIndustry.biz).
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