The Embracer Group, which owns subsidiaries such as Gearbox Entertainment, Dark Horse Media and more, has announced that it has entered into an agreement to acquire Limited Run Games, the popular publisher of physical video games. More specifically, Limited Run Games is set to be acquired by the new and wholly owned subsidiary of Freemode by the Embracer Group, which has a clear focus on retro, classic and heritage games. The specific terms and conditions, including how much it is being paid for, have not been publicly disclosed.
“As an avid collector, I have been impressed with the Limited Run collector’s editions,” said Lars Wingefors, CEO of Embracer Group. Part of the ad. “They have built a strong brand that resonates with gamers. We see opportunities for Limited Run to grow their business even further with the Carbon Engine by bringing back classic games, and to expand their geographical presence through synergies with other companies within the Embracer Group.”
While Limited Run Games is acquired from its founders, Josh Fairhurst and Douglas Bogart, both will continue to lead the company as an independent subsidiary of Freemode. The specific focus of Limited Run Games, to bring physical versions of games to market through partnerships with multiple developers and publishers, doesn’t look like it’s going to change.
The acquisition will include the retail store Limited Run in Cary, North Carolina as well as 40% ownership in Super Delux games in Japan. Additionally, Embracer Group notes the value of Limited Run’s Carbon Engine, an in-house technology designed to deliver accurate, emulated ports of legacy video games on modern platforms.
As noted above, Embracer Group has entered into an agreement to acquire Limited Run Games, but the financial terms of the deal have not been disclosed. Otherwise, it looks like it’s still working as usual for limited playback games at the moment. You can check out all of our previous coverage of limited edition running games here.
What do you think about Embracer Group entering into an agreement to acquire Limited Run Games? Are you curious to know how the new owners will deal with the company? Tell us in the comments, or feel free to reach out to me and hit me up right on Twitter at Tweet embed In order to talk about all things gaming!
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