Newsroom News Breaking Comics Tags RSS
News video games 10 February 2021, 11:39

author: Adrian Werner

Embracer Group Exceeds Ubisoft in Terms of Market Value

Ubisoft is no longer the most valuable company in the European games industry. Yesterday it was overtaken in terms of market capitalisation by Embracer Group, which includes THQ Nordic and Deep Silver, among other entities.

Embracer Group has become the most valuable game company in Europe, overtaking the previous leader, Ubisoft. At yesterday's close, Embracer's market capitalization amounted to €10.41 billion, while Ubisoft's was €10.31 billion.

The increase in Embracer Group's stock price is due to, among other things, the company's recent acquisitions. Last week, the Embracer acquired Gearbox Entertainment, devs of the Borderlands series, as well as the team at Aspyr Media. While in November last year the company acquired thirteen independent developers, including Polish team at Flying Wild Hog, the devs of the Shadow Warrior series.

Recall that the Embracer Group includes such entities as THQ Nordic, Deep Silver, Coffee Stain Studios and Saber Interactive.

  1. Embracer Group - official website

Adrian Werner

Adrian Werner

A true veteran of the Gamepressure newsroom, writing continuously since 2009 and still not having enough. He caught the gaming bug thanks to playing on his friend's ZX Spectrum. Then he switched to his own Commodore 64, and after a short adventure with 16-bit consoles, he forever entrusted his heart to PC games. A fan of niche productions, especially adventure games, RPGs and games of the immersive sim genre, as well as a mod enthusiast. Apart from games, he devourers stories in every form - books, series, movies, and comics.

more