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Perfect World Entertainment Has Been Renamed As Gearbox Publishing 164c2m

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In line with Embracer Group’s acquisition of Perfect World Entertainment in North America, video game and media holding company is renaming PWE’s North American arm as Gearbox Publishing. Embracer officially acquired the publisher earlier this year along with its subsidiaries, including Cryptic Studios and Runic Games, and placed them under Gearbox’ umbrella where they continue to operate independently. “Early in [...]

Perfect World, THQ Nordic, And Cryptic Parent Embracer Group Donates $2M To Relief Efforts In Ukraine 3u3d49

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Over the past few days, various video game companies have been donating funds to help humanitarian operations in Ukraine. Perfect World Entertainment, Cryptic Studios, and THQ Nordic’s parent company, Embracer Group, among them. The Swedish video game holding company and its CEO, Lars Wingefors, have announced that they will be donating a total of $2 million to aid relief [...]

PWE Acquisition Report: Neverwinter Has Logged 20M+ Players And Made $400M+ To Date 315a6j

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While Embracer Group are in the process of acquiring Perfect World Entertainment and its subsidiaries, the former has shed light on some interesting statistics about the latter’s portfolio of games. Of significant note are metrics from Cryptic Studios’ operational free-to-play and buy-to-play MMOs. Embracer’s acquisition report reveals Neverwinter to be Cryptic Studios’ biggest game with over 20 million players to [...]

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Perfect World Entertainment and its subsidiaries, including Cryptic Studios, will soon be acquired by Swedish video game holding company Embracer Group AB, formerly Nordic Games, and Gearbox Entertainment. Once the $125 million deal goes through in February 2022, PWE will become a subsidiary of Gearbox and will continue to publish and develop games as they’ve done in the past with [...]

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