Embracer Group Sells Easybrain to Miniclip for $1.2 Billion
The sale marks a strategic shift for Embracer, aiming to strengthen its financial position amid ongoing restructuring.
- Embracer Group has agreed to sell its mobile game studio Easybrain to Miniclip in a deal valued at $1.2 billion.
- The transaction is expected to be completed in the early months of 2025, with Miniclip acquiring Easybrain on a cash and debt-free basis.
- Easybrain, known for popular apps like Sudoku.com, has contributed significantly to Embracer's value creation over the past three years.
- The sale is part of Embracer's broader strategy to focus its business operations, following a period of extensive mergers and acquisitions.
- Miniclip aims to leverage Easybrain's expertise in puzzle games to engage a wider audience and enhance its portfolio.