THQ Nordic parent company Embracer Group has acquired several studios, including the creators of the Metro series and the Insurgency series. Those developers — 4A Games and New World Interactive, respectively — will continue to operate independently under Saber Interactive, another recent Embracer purchase.
The 4A Games purchase, which saw Embracer gain 100% of shares in 4A for approximately $36 million, also brings news that the developer is working on developing a new intellectual property, and on a new multiplayer experience. Embracer already owns 4A's longtime publisher, Deep Silver.
Embracer did not publicize what it paid to acquire 100% of New World Interactive, which is also working on an unannounced project based on a new IP. NWI and Saber will work together to bring 2018's Insurgency: Sandstorm to consoles. NWI will also add more than 50 people in expanding its Calgary, Canada office, and opening a new studio in Montreal.
Embracer also acquired five smaller studios: Deca Games, Vermila Studios, Rare Earth Games, Palindrome Interactive and Pow Wow Entertainment. Embracer's portfolio now includes 28 wholly or majority-owned development studios.