Saber Interactive company is a video game developer. They are a company that developed games for the Nintendo Switch platform. Part of the Switch platform is some of the popular games that you definitely heard about, such as The Witcher 3: Wild Hunt and Vampyr.
The development studio is now owned by the Embracer Group, a company that owns enough voting stock of THQ Nordic. The new collab costs Embracer Group about 150 million dollars fee, as the initial price. They can earn as much as up to 375 million dollars, depending on the agreement made between the group and the Saber Interactive company. This move will make Saber Interactive the fifth operating group of the voting stockholder, Embracer Group. Matthew Karch and Andrey Iones, Saber’s co-founders, will turn into Embracer Group’s second-largest shareholder.
Embracer Group Acquired Saber Interactive
“Saber has been on our radar for a very long time because of its deep history of consistently high-quality work. Their ambitious moves towards self-funding projects in recent years have been particularly impressive, especially with World War Z, which sold more than 3m units. While Saber will remain a standalone company within Embracer Group, we look forward to collaborating with them to elevate their ability to create and market premier titles,” says Embracer, the founder and CEO Lars Wingefors in a press release.
The video game publisher has managed to acquire other game companies besides the Saber Interactive, the devs of The Witcher 3: Wild Hunt on Nintendo Switch. Embracer Group has made significant progress! Just in the last four years, the Embracer Group acquired 18 game companies. Saber Interactive already has four projects in plan besides the other eight projects that they will unveil later this year. However, with the company’s latest move, all future projects will be done under Embracer Group’s portfolio. We will probably see Saber’s new games in the half of this year.
Carter Wetlaugher is just getting his start as a journalist. Carter attended a technical school while still in high school where he learned a variety of skills, from photography to coding. Apart from being a contributor to the site, Carter also helps Tech Life up and running, he also keeps our social media feeds up-to-date.