A look at Sweden-based Embracer Group, which oversees 69 game development studios and has become Europe’s most valuable game developer following an M&A spree (Hanna Hoikkala/Bloomberg)

Hanna Hoikkala / Bloomberg:
A look at Sweden-based Embracer Group, which oversees 69 game development studios and has become Europe’s most valuable game developer following an M&A spree  —  – Embracer’s stock jumped more than 30-fold since 2016 debut  — Analyst asks where growth will come from when M&A runs dry