[UPDATE] Embracer Group acquires Perfect World Entertainment and Dark Horse Media

Update 12/21/21 1:00 PM Central: News of Embraer’s acquisition spread quickly today, and the holding company has now also acquired the North American business of Chinese media entity Perfect World Co., Ltd. According to Embraer’s announcement, the agreement is a one-time payment of US$125 million for Perfect World’s entertainment publishing department and developer Cryptic Studios and 237 full-time employees of these companies.You can read The full announcement is here.

You may know that Cryptic Studios is the company behind Magic: Legends, a multiplayer RPG set in the world of Magic: The Gathering, but it was cancelled before the development and testing phase was completed. However, Cryptic is responsible for other successful MMOs, such as Neverwinter and Star Trek Online, and it still supports these two games.

ability: The Embracer Group, the parent company of THQ Nordic, has signed an agreement to acquire the well-known comic company and the intellectual property holder Dark Horse Media with more than 300 franchise rights.

This news comes from a new Embracer Group Press release, Which indicates that “the specific terms of the transaction were not disclosed due to commercial reasons.” Embracer stated that Dark Horse will become the tenth operating team within the company due to today’s acquisition and the recent acquisition of Borderlands manufacturer Gearbox and World War Z developer Sabre Interactive The acquisition, the company will continue to grow.

“Through the acquisition, Embracer strengthens its cross-media capabilities by adding expertise in content development, comic publishing, film and television production,” the press release read. “Dark Horse owns or controls more than 300 intellectual property rights, many of which are attractive for future cross-media development, including the development of new video games.”

Despite the acquisition, Mike Richardson, the current CEO and founder of Dark Horse, will continue to lead the comics producer.

“When the dark horse enters a new chapter in our history, I cannot express my excitement,” Richardson wrote in the press release. “The synergy with Embracer’s network has brought exciting new opportunities not only for the dark horse, but also for the creators and companies we work with. I have had many fascinating conversations with Embracer CEO Lars Wingefors. He and what he and his team have built are impressive. I have to say that the future of our company has never been so bright.”

Dark Horse was founded by Richardson in 1986 with the idea of ​​”treating writers and artists as partners”.It is now the home of Dark Horse Comics and Dark Horse Entertainment, and it is the driving force behind the series. Umbrella Academy and Foreign residentsAnd Things From Another World, a company responsible for creating graphic novels, toys, statues, and other types of collectibles.

The acquisition is expected to be completed in early 2022.

Are you excited about the prospects of this acquisition? Are you worried about what this acquisition will bring? Let us know in the comments below!