Embracer Group to acquire Limited Run Games

[Shatts]

SegaHeart said:

the-pi-guy said:

Not that unheard of.

Tesla took a long time to really make their first profit. Didn't stop them from building billion dollar facilities. 

I didn't know, Thanks you.

Yeah, tbf, the currency is in SEK which is about 10.5 per 1USD. So they are experiencing a net loss of 4.29 billion SEK equating to about 400 million USD.

$400 million isn't much, depending on how they use these acquisitions they can easily get it back. At the same time, it can easily end in a disaster. Embracer is surely taking some risk, but whoever is negotiating for them are skilled for getting these rather cheap. That's what investing is about and Amazon for example also started off with a huge loss.