Embracer Group has acquired Appeal Studios, KAIKO, and Massive Miniteam under its THQ Nordic subsidiary, which has also established Gate21 to enable the creation of “world-class 3D characters,” as well as acquired FRAME BREAK under its Amplifier Game Invest subsidiary, the company announced.
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■ THQ Nordic GmbH
Appeal Studios SA
THQ Nordic GmbH has acquired Belgium-based Appeal Studios S.A., the original creators behind Outcast (1999). Appeal Studios was founded in 2018 and is currently engaging 55 employees. The team is currently developing an innovative open-world sci-fi action adventure that has not been officially announced.