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Who Owns Embark Studios?

Published in Gaming Company Ownership 2 mins read

Embark Studios is primarily owned by Nexon, a prominent global video game publisher. Nexon holds a majority stake in the Swedish game developer, making Embark Studios a consolidated subsidiary within the Nexon Group.

Understanding Embark Studios' Ownership

Embark Studios, known for developing innovative gaming experiences, operates under the significant ownership of Nexon. This relationship solidifies Embark's position within a larger, established gaming network, providing resources and strategic alignment.

Nexon's Majority Stake

Nexon's ownership of Embark Studios evolved to a majority position through strategic investment. Initially holding a substantial stake, Nexon increased its share to become the principal owner.

Key details of Nexon's ownership:

  • Increased Stake: Nexon elevated its ownership in Embark Studios from 32.8 percent to 66.1 percent. This significant increase moved them from a minority to a majority shareholder.
  • Consolidated Subsidiary: With this majority stake, Embark Studios became a consolidated subsidiary of the Nexon Group. This means Embark's financial results and operations are integrated into Nexon's overall reporting.

This strategic move underscores Nexon's commitment to expanding its portfolio with promising game development studios like Embark, which has been recognized for its innovative approach to game design.


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