Embracer Group has announced an update on transformative partnership and licensing deals. Embracer Group own 134 internal game development studios including Gearbox Software, Crystal Dynamics and Eidos-Montreal.

"Embracer Group is, as previously communicated, working on partnership and licensing deals with several industry partners that are considered jointly transformative. A notable range of outcomes from these deals has previously been expected to be completed during the financial year 2022/23."

"Negotiations are progressing according to plan in terms of scope. However, Embracer Group now expects that these deals are not likely to be completed in Q4 FY 2022/23, but instead in Q1 FY 2023/24 (April-June 2023)."

"Additional information will be announced no later than in connection with the interim report Q4 FY 2022/23, which will be released on 24 May 2023."

Embracer Group