Embracer Group agrees to buy Tripwire Interactive

Embracer Group agrees to buy Tripwire Interactive

Interested in learning what's next for the gaming industry? Join gaming executives to discuss emerging parts of the industry this October at GamesBeat Summit Next. Register today.




Embracer Group, through its Saber Interactive division, has entered into an agreement to acquire U.S. developer and publisher Tripwire Interactive.

Tripwire Interactive is well known for the Killing Floor and Rising Storm series and its recent best-seller Maneater, as well as the publishing division Tripwire Presents. Terms of the detail were not disclosed.

“Tripwire is a unique studio. Since their founding in 2005, they have grown, through tremendous leadership and vision, into one of the last great independent developers,” said Matthew Karch, CEO of Saber Interactive. “I have looked up to Tripwire as an example of how to design and execute on games. Saber has Tripwire to thank for many of our own successes and I am proud to welcome them into our family.”

“We’ve known Saber for a while now and are really excited about the opportunity to leverage everything they have to offer. Together we are going to be able to deliver more new Tripwire titles, more often than ever before, as well as ramp up the published titles. We look forward to creating a lot more great games that people will love to play,” said Alan Wilson, CEO of Tripwire Interactive, in a statement.

Background

Founded in 2005 in Roswell, Georgia, Tripwire made the Killing Floor series boasting over 35 million players, Rising Storm series over 14 million players and Maneater over 16 million players.

Its publishing division, Tripwire Presents, continues to be a major growth area that has strong partnerships with various developers. It recently launched Chivalry 2, which has sold over 2 million units, and upcoming titles include Espire 2 (VR) and Deceive Inc. The company has today grown to 113 employees in its Georgia office.

CEO Alan Wilson will stay on in his role and continue to run Tripwire along with Bill Munk, cofounder and lead combat designer, and David Hensley, design director. Cofounder John Gibson will be pursuing opportunities outside of Tripwire.

The acquisition adds an extremely experienced development group with its collection of four strong franchises: Maneater, Killing Floor, Rising Storm, and Red Orchestra. The group has an exciting triple-A title in production, as well as a rapidly-growing publishing division, Embracer Group said.


GamesBeat's creed when covering the game industry is "where passion meets business." What does this mean? We want to tell you how the news matters to you -- not just as a decision-maker at a game studio, but also as a fan of games. Whether you read our articles, listen to our podcasts, or watch our videos, GamesBeat will help you learn about the industry and enjoy engaging with it. Learn more about membership.