Rare

Embracer Group Acquires Rare Earth Games

Embracer Group, through its subsidiary Amplifier, has finalized the acquisition of Vienna-based developer Rare Earth Games.

• Embracer Group, through its subsidiary Amplifier, has acquired Vienna-based developer Rare Earth Games to bolster its creative portfolio.
• The deal includes an initial payment of €0.3 million in cash and Embracer B shares, with an additional €3 million in performance-based earnouts tied to net contribution milestones over five and ten years.
• Rare Earth Games is currently developing an online multiplayer co-op game that incorporates roguelike elements and team-based strategy.