The Swedish Embracer Group recently announced that it is selling its subsidiary Easybrain to mobile gaming giant Miniclip for around $1.2 billion. This step is part of a broader realignment of Embracer that began in April 2024, when the company was split into three separate units. The aim of this reorganization was to better adapt to market changes while expanding profitable business areas. Embracer’s CEO defended the strategy in April, emphasizing the importance of long-term stability and flexibility in the gaming industry.
What does Easybrain do?
Easybrain, which specialized in mobile games, was one of Embracer’s most valuable acquisitions and played a central role in the casual gaming space. The sale to Miniclip; fits into Embracer’s new strategy of focusing increasingly on its strongest and most promising brands to achieve higher profitability and optimize costs.
The sale comes at a time when Embracer is responding to challenges in a rapidly changing market The separation into three companies and the sale of Easybrain show that the company is taking steps to free up capital and focus on sustainable growth. Embracer plans to invest the funds from the sale in developing and strengthening its core brands in order to remain competitive in the long term.
General sentiment in the gaming industry
This decision reflects the increasing consolidation in the gaming sector, where acquisitions and strategic sales have become the norm as large companies seek to secure their market positions through targeted investments. For Miniclip, itself an established player in the casual games space, the acquisition of Easybrain is a valuable addition to further expand their mobile presence.
The current financial situation of the Embracer Group has been the subject of much criticism. Many voices in the gaming community accuse the company of making major mistakes, such as the acquisition of some Square Enix brands or the rights to Lord of the Rings. The CEO has already justified himself.