Swedish conglomerate Embracer Group has introduced deluge of main acquisitions that can see it nab the rights to The Lord of the Rings and The Hobbit literary works and buy plenty of notable studios and firms together with Tripwire Interactive, Tuxedo Labs, and extra.

Okay, let’s begin from the highest. The firm has introduced a complete of six acquisitions at a mixed worth of SEK 8.2 billion ($788 million), comprising 4 buyouts, one undisclosed deal, and one main mental property acquisition that can primarily grant it the keys to the world of Middle-earth.

Starting with the latter, Embracer has entered into an settlement to amass Middle-earth Enterprises, which is the division of The Saul Zanetz Company that owns the worldwide rights to films, video video games, board video games, merchandising, stage productions, and theme parks referring to the literary works of The Lord of the Rings e book trilogy and The Hobbit.

Embracer struck that deal via its Freemode subsidiary and defined the transfer is in keeping with its “IP-driven trans media technique.” The firm has indicated it would look to create films based mostly on key characters from The Lord of the Rings like Gandalf, Aragorn, Galadriel, Eowyn, and Gollum. It additionally goals to “present new alternatives” for followers to discover J.R.R. Tolkien’s fantasy world by creating “different experiences,” such because the board video games which have already been developed by Embracer’s Asmodee Group subsidiary.

“I’m really excited to have The Lord of the Rings and The Hobbit, one of many world’s most epic fantasy franchises be a part of the Embracer household, opening up extra transmedia alternatives together with synergies throughout our world group,” mentioned Embracer CEO Lars Wingefors. “I’m thrilled to see what lies sooner or later for this IP with Freemode and Asmodee as a begin throughout the group. Going ahead, we additionally look ahead to collaborating with each present and new exterior licensees of our more and more stronger IP portfolio.”

Big spender

Embracer additionally made two extra acquisitions via Freemode, grabbing vocal processing results firm Singtrix and premium bodily recreation writer Limited Run Games for undisclosed charges.

Singtrix is finest identified for growing and patenting the core expertise behind the Guitar Hero franchise, and based on Embracer will assist Freemode “vastly develop its leisure choices.”

Limited Run, in the meantime, specializes in publishing collector’s editions and has labored on notable tasks together with Day of the Tentacle Remastered, Doom 64, and Doom Eternal. Embracer mentioned it sees alternatives for Limited Run to develop its enterprise beneath the Freemode banner by bringing again basic video games and establishing a world presence via synergies with a few of its different subsidiaries.

Moving on, Embracer has additionally entered into offers to amass U.S. developer-publisher Tripwire Interactive and Teardown developer Tuxedo Labs via its Saber Interactive subsidiary for undisclosed charges.

Tripwire has labored on tasks equivalent to Killing Floor, Rising Storm, and Maneater, and likewise boasts its personal publishing division, Tripwire Presents. The firm will change into part of the Saber Interactive operative group and can look to ramp up its publishing efforts whereas creating new titles.

Tuxedo Labs was of explicit curiosity to Embracer due to its work on voxel-based destruction recreation, Teardown, which can proceed to be supported post-acquisition. “We will now be capable to quickly develop and speed up our plans for Teardown, together with bringing it to new audiences, whereas concurrently specializing in evolving voxel-based expertise for our subsequent technology of video games,” mentioned Tuxedo Labs founder Dennis Gustafsson.

Finally, Embracer mentioned it has additionally entered into an settlement to amass one other firm throughout the PC and console area that can not be disclosed for business causes. “The buy worth for this un-disclosed acquisition is within the vary of being amongst both third or fourth largest of the transactions,” added Embracer. “The consideration and monetary impression from this undisclosed acquisition is included within the disclosed numbers on this press launch.”