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Technology
Catherine Lewis

Barely 4 years after buying them, Embracer Group sells Remnant publisher and Star Trek Online developer in a deal that'll net it $30 million

Embracer Embracer Group Arc Games ARC
Remnant 2 boss Nightweaver.

Embracer Group has announced that it's selling Remnant and Hyper Light Breaker publisher Arc Games and Star Trek Online developer Cryptic Studios in a deal that'll net the company $30 million.

Announced in a press release today, Embracer confirms that it's selling the companies – which it acquired back in December 2021 – to Project Golden Arc Inc., which it says is "owned and led by members of the Arc Games management team." The sale is also being financed by developer and publisher XD Inc.

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