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Embracer CEO says it's "way too early" for the company to "start talking about" acquiring new studios
Embracer CEO Lars Wingefors has acknowledged it's "way too early" for the company to "start talking about" acquiring ne…
Talking to investors – as transcribed by RPS – Wingefors said that after shedding 1300+ jobs, cancelling dozens of games, and shutting down studios like Timesplitters developer Free Radical and Saints Row dev Volition, the team's "highest focus and priority" was to "increase profitability and cashflow generation by simply making better products and games". "I think that's our focus right now – to increase profitability and cashflow generation, by simply making better products and games," Wingefors added. When this transaction is complete, Take-Two will acquire the Borderlands and Tiny Tina's Wonderlands franchises, as well as Homeworld, Risk of Rain, Brothers in Arms, and Duke Nukem.
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