Fenwick represented Demiurge Studios, an independent games development studio, in its definitive agreement to be acquired by Saber Interactive, a subsidiary of Embracer Group.
The acquisition will strengthen Embracer's work-for-hire capabilities with significant experience of AAA game development. The transaction is subject to certain closing conditions and is estimated to be completed during August 2021. More information can be obtained from the company’s announcement.
The Fenwick transaction team was led by corporate partners Mark Stevens and Stephen Fisher and included associates Zachary Portnoy and Chima Nwachukwu; executive compensation and employee benefits partner Matthew Cantor and counsel Nicholas Frey; technology transaction partners Stephen Gillespie and Joseph Schenck, associates Arjun Ravi and Sankalp Kandaswamy; privacy and cybersecurity partner James Koenig and associate Ana Razmazma; antitrust and trade regulation partner Mark Ostrau; tax partner Will Skinner and associate Michael Knobler.