Last week, Embracer Group shed two more companies it had scooped up during its acquisition spree that led to a major collapse when a massive $2 billion deal fell through, and the company was unable to recover. This time, it was Remnant II publisher Arc Games and developer Cryptic Studios who were able to escape Embracer Group before the company shut them down, as it did with Volition Games and Free Radical Design.
Now, Arc Games is the newest independent publisher of double-A games on the block, thanks to a successful buyout from Embracer with the help of XD Inc., which provided financing support to make the buyout possible.
The publisher's current organizational structure will remain the same during the transition, and the company will not be laying off any members of its team. It's the ideal scenario where Arc Games doesn't collapse under a larger parent company that made some pretty callous decisions.
"This milestone marks a major new chapter for Arc Games," said chief executive officer Yoon Im, in a press release. "We appreciate our time being a part of Embracer Group and the accomplishments achieved since the company's inception over 15 years ago. These experiences have shaped who we are today. As an independent publisher, we are now positioned to more fully pursue our vision - collaborating with exceptional developers worldwide and bringing standout games to market. 2026 is already shaping up to be one of the most ambitious and innovative years in our history, and we are excited for what lies ahead."
Along with publishing both Remnant: From the Ashes and Remnant II, Arc Games is also known for publishing the Torchlight series, Star Trek Online, Neverwinter, and the recently released Fellowship. It has also published titles like Have A Nice Death and Hyper Light Breaker.
About the author: David has been writing about videogames, technology, and culture since 2020, with a focus on reporting daily news across multiple publications, including GameDaily.Biz, GameSkinny, and PlayStation Universe before joining Wccftech in 2025. David started contributing as Canada/US reporter for Wccftech's gaming section in 2025. Besides being up-to-date on the industry's movements, he loves interviewing developers, reviewing games, and writing intricate essays about the symbolism and layered meanings to be found in rich narratives as he's done for publications like GamesIndustry.Biz, LostInCult, and others. Outside of games he loves movies, music, theatre, his hometown, and his family, though not necessarily in that order.
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