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SAVVY GAMES NAMED AS EMBRACER GROUP PARTNER

The two billion dollar deal between Embracer Group and an unnamed suitor that fell through in May was with Saudi government-funded Savvy Games Group, Stephen Totilo from Axios Gaming reports. The breakdown took a sizable bite out of Embracer Group's market capitalisation and prompted a statement from Crystal Dynamics reassuring fans that Tomb Raider continues to be in active development at the studio.

Last Updated: Aug 14, 2023

EMBRACER GROUP ANNOUNCES Q1 23/24 PRESENTATION

Embracer Group has announced a presentation 'in connection with the publication of the interim report for the first quarter of the financial year 2023/2024, the period April-June 2023.' The event will be held on 17 August, 2023 in Stockholm with CEO Lars Wingefors, CFO and Deputy CEO Johan Ekstrom, and Simon Jonsson, equity analyst from ABG Sundal Collier, in attendance.

Last Updated: Aug 10, 2023

TOMB RAIDER SOCIAL UPDATED TO MASTODON 4.1.6

Tomb Raider Social has been updated to Mastodon 4.1.6. Tomb Raider Social is a decentralised, privacy-focused, short-form social media network powered by Mastodon for fans of Lara Croft and Tomb Raider to communicate with like-minded individuals.

Last Updated: Aug 3, 2023

LARA CROFT BARBIE DOLL DEPICTING ALICIA VIKANDER

Toy manufacturer Mattel produced a Lara Croft Barbie Doll to herald the Tomb Raider motion picture reboot starring Academy Award-winning actress Alicia Vikander. The Lara Croft figurine released on 9th of March 2018 and was available to purchase from Mattel's Barbie Signature online shop.

Last Updated: Jul 24, 2023

EMBRACER GROUP COMPLETES DIRECTED SHARE ISSUE

Embracer Group, owners of 138 internal studios including Gearbox Software, Crystal Dynamics and Eidos Montreal, has announced a directed share issue of 80,000,000 new B shares raising proceeds of SEK 2 billion has been completed. The subscription price at the time of transaction was SEK 25.00 per B share and a total of 80,000,000 B shares were issued.

Last Updated: Jul 6, 2023

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