Embracer Group, the owner of THQ Nordic, has announced it has made a purchase of World War Z developer Saber Interactive. Both companies were pretty excited about the move. Both Embracer Group and Saber Interactive released their own statements specifying the details of the deal, as well as hyping up future projects. The studio acquired is actually a network of “more than 600 employees across six offices,” spread across a variety of countries.
The acquisition was made for a $150 million up-front payment, in addition to a $375 million bonus over the next three years based on the performance of future projects. Matthew Karch and Andrey Iones, the owners and co-founders, will also gain considerable stock holdings within the parent company.
“Saber has been on our radar for a very long time because of their 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 three million 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 Lars Wingefors, Founder and CEO of Embracer Group.
“Over the course of 19 years as an independent developer, Saber has had its share of suitors. With Embracer Group, we’ve at last found the perfect partner. We could not be more thrilled to see through the many projects we’ve dreamed of together.” says Matthew Karch, Co-Founder, and CEO of Saber Interactive.
Embracer Group already owns THQ Nordic, a company that has been exploding with growth and new games these last few months. The company also owns Koch Media/Deep Silver, and Coffee Stain.
And speaking of THQ Nordic, they’ve also had some other news this fine day. After enormous fan outcry of the positive kind, the company announced that the new Gothic Remake would be coming sometime in the next couple of years.
Saber Interactive themselves has also been involved in their own projects. Of note, there’s World War Z for example. The company also developed the Switch port of The Witcher 3.