Embracer Group has been on a spending spree as of this evening, purchasing the IP Rights to The Lord of the Rings and The Hobbit, Tuxedo Labs, Tripwire Interactive, and more through the newly established Freemode subsidiary which provides “a global strategic, operational, and financial support ecosystem for its collective of small to midsize companies to achieve operational efficiency”.
In addition, Embracer Group also owns THQ Nordic, Gearbox, Plaion (formerly Koch Media) and Saber Interactive, Eidos Montreal, Crystal Dynamics, and Square Enix Montreal.
Now, Embracer Group has purchased Limited Run Games from founders Josh Fairhurst and Douglas Bogart.
”As an avid collector, I’ve admired Limited Run’s collectors’ editions. They’ve built a strong brand that resonates with players. We see opportunities for Limited Run to further grow their business with the Carbon Engine by bringing back classic games, and extend their footprint geographically through synergies with other companies within Embracer Group”, says Lars Wingefors, CEO of Embracer Group.
Limited Run Games is known for creating some of the most impressive collector’s editions in the games industry. In addition to now owning Limited Run Games, Embracer also owns the Carbon Engine — an internally developed technology that allows legacy content and retro games to be effortlessly put out in highly accurate, emulation-based ports for modern platforms.
This essentially means an old game can be made available on new hardware using Carbon Engine and has been a crucial component of the business. Both Shantae and River City Girls Zero were the first games on the platform.
