Embracer Group (Page 5)

Company completes issue of shares worth over $648 million

Acquisitions include Palindrome Interactive, Rare Earth Games, and Vermila Studios

THQ Nordic parent company also acquires New World Interactive, Pow Wow Entertainment, and Deca Live Operations

But the "first AAA games releases since Metro Exodus" won't arrive until the year ending March 2022

Franchise swaps put Red Faction and Risen series closer to their original developers; Painkiller, Sacred, and more change hands

Embracer Group CEO says shooter has already sold 200,000 copies, also discusses Shenmue III's performance

Koch Media acquires Let's Sing developer Voxler, two new studios have been opened but yet to be unveiled

World War Z developer retains autonomy as Embracer's fifth subsidiary, takes total headcount to over 2,500

River End Games is funded by recently rebranded investment arm of THQ Nordic parent Embracer Group

Also gains Statik IP, but Little Nightmares and Stretchers remain with their publishers

Company formerly known as THQ Nordic looks ahead to a Q3 with Darksiders and Shenmue 3