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Embracer Group buys Perfect World Entertainment for $125M

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

Embracer Group has agreed to buy Perfect World Entertainment from China’s Perfect World for $125 million in cash and stock.

Under the deal, Embracer will pick up Perfect World Publishing and Cryptic Studios, which together have 237 employees. The larger Chinese company will continue operating on its own.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.