Embracer Group acquires SmartPhone Labs
Summary
STOCKHOLM, Aug. 18, 2021 /PRNewswire/ -- Embracer Group AB ("Embracer"), through its wholly owned subsidiary Saber Interactive Inc.[1] ("Saber"), has entered into an agreement to acquire 100 percent of the shares in Russian-based SmartPhone Labs ("SPL"), an independent software testing and games development company for mobile, PC, consoles and VR, from its founders. SPL is an independent software testing and game development company, established in 2002 and led to this day by its co-founder Artem Kharitonov. They focus on modern production and testing practices and have extensive experience working with Unity, custom C++ engines, VR and backend systems. Within Embracer, SPL will operate as a subsidiary under Saber Interactive, with continued focus on software testing and games development. The Group has an extensive catalogue of over 240 owned franchises, such as Saints Row, Goat Simulator, Dead Island, Darksiders, Metro, MX vs ATV, Kingdoms of Amalur, TimeSplitters, Satisfactory, Wreckfest, Insurgency, World War Z and Borderlands, amongst many others.