Embark Studios is owned by the Japanese–Korean game publisher Nexon , which fully acquired the studio and runs it as a subsidiary.

Current ownership

  • Nexon initially bought a controlling stake of about 66% in Embark Studios shortly after the studio was founded, giving it majority control.
  • In 2021, Nexon completed a full acquisition, making Embark Studios a wholly owned subsidiary that still operates with some creative autonomy.

How the ownership evolved

  • Embark Studios was founded in 2018 in Stockholm by former EA/DICE executive Patrick Söderlund and a team of ex-DICE developers.
  • Nexon first invested tens of millions of dollars for a large minority stake, then increased its holding above two‑thirds, and finally moved to 100% ownership over the following years.

Quick Scoop for readers

  • If you are searching “who owns Embark Studios” or “latest news” about its backing, the answer is that the studio is part of Nexon’s global portfolio, focused on online and service‑driven games.
  • Despite being owned by Nexon, Embark Studios maintains its own branding and is known for titles like ARC Raiders and THE FINALS, which have boosted its visibility in recent years.

TL;DR: Embark Studios is not independent; it is fully owned by Nexon and operates as Nexon’s game development subsidiary.

Information gathered from public forums or data available on the internet and portrayed here.