The restructuring comes after the Swedish media company reportedly lost out on $2 billion from the Saudi government
that the partner in question was Savvy Games Group, the gaming investment vehicle for the Saudi Arabia Public Investment Fund.
The fund had already invested $1 billion in Embracer, and maintains investments in Electronic Arts, Nintendo, and many other large gaming companies while also being criticized for the country’s“The Volition team has proudly created world-class entertainment for fans around the globe for 30 years,” the studio wrote in its announcement today. “We’ve been driven by a passion for our community and always worked to deliver joy, surprise, and delight.
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