Technology
UPDATE 1-Sweden’s Embracer expands reach with $2.5 bln game buying spree – Reuters
Sweden’s Embracer agreed on Wednesday to buy three gaming companies including U.S.-based Gearbox, which makes the first-person shooter game Borderlands, for up…
STOCKHOLM (Reuters) -Swedens Embracer agreed on Wednesday to buy three gaming companies including U.S.-based Gearbox, which makes the first-person shooter game Borderlands, for up to $2.5 billion.
Since going public in 2016 Embracer has been in a race with Frances Ubisoft, of Assassins Creed fame, and Polands CD Projekt, maker of Cyberpunk 2077, to become the biggest European gaming company.
Embracers shares rose 10% to 221 Swedish crowns on news of the deals, which are in a mixture of stock and…
-
Noosa News22 hours agoReubhan Ralph identified as man behind terrifying childcare centre incident in Peregian Springs on the Sunshine Coast
-
General20 hours agoPolice say new leads being pursued after baby’s body found in Alexander Heights stormwater drain
-
General24 hours agoMan dies at shopping centre car park at Charlestown following reports of assault
-
Noosa News23 hours agoSchoolgirls hit by fishtailing car in terrifying crash in Bellbird Park, Ipswich