Embracer Group acquires SmartPhone Labs
Embracer Group AB (”Embracer”), through its wholly owned subsidiary Saber Interactive Inc.[[1]] (“Saber”), has entered into an agreement to acquire 100 percent of the shares in Russian-based SmartPhone Labs (”SPL”), an independent software testing and games development company for mobile, PC, consoles and VR, from its founders. [1] Acquired through Embracer's wholly owned subsidiary Embracer Group Lager 2 AB and will be part of the Saber Interactive group."We have worked with SPL for a long time and are excited to bring them into the Embracer family. This acquisition will add talent,