Embracer Group reveals plans to split into three companies
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The gaming conglomerate Embracer Group announced this Monday that it is planning to divide itself into three companies: Asmodee Group, Coffee Stain & Friends It is Middle-earth Enterprises & Friends.
The three separate publicly listed entities are expected to consist of:
- Asmodee Group – Leading global publisher and distributor of tabletop games with an extensive studio network and catalog of intellectual property.
- Coffee Stain & Friends – A diversified gaming entity with a dual focus on premium and free-to-play indie and A/AA games for PC, consoles and mobile devices, with a high degree of recurring revenue.
- Middle-earth Enterprises & Friends – A creative powerhouse in the development and publishing of AAA games for PC and consoles, as well as stewards of the intellectual properties of Lord of the Rings It is tomb Raideramong many others.
A Dark Horse will remain in the renamed Middle-earth Enterprises & Friends.
Embracer Group reveals plans to split into three companies
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Embracer Group reveals plans to split into three companies