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Perfect World and Cryptic Studios Sold to Embracer Group, Will Operate Independently Under Gearbox

Swedish video game company Embracer Group, which added Gearbox Software to its portfolio early this year, has announced a series of acquisitions today. Among them is Perfect World Entertainment, which also owned Cryptic Studios. Perfect World and Cryptic Studios will remain independent studios but operate under Gearbox’ publishing division going forward. 

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Author: Christina Gonzalez