Embracer Group acquires Pow Wow Entertainment
Embracer Group wholly owned subsidiary THQ Nordic GmbH acquires 100% of Austria-based Pow Wow Entertainment for an undisclosed consideration.Pow Wow Entertainment was founded in 2019 by Milo Gutmann and Jerome Amouyal and is based in Vienna, Austria. The studio currently employs 20 developers with AAA and GaaS experience. The team focuses on developing original IPs for PC and consoles with the goal to create entertainment brands with a strong culture of community driven development and tools for user-generated content. Currently, the team is working on two unannounced games of which one