According to a LinkedIn post by the company, the closure is due to parent company Embracer Group's restructuring program. The program was announced in June 2023 after a failed USD 2 billion investment deal with Savvy Games Group—the gaming arm of Saudi Arabia’s Public Investment Fund. As part of the restructuring, Embracer evaluated its strategic and operational goals and made the difficult decision to close Volition. The joint event between Koelnmesse, Show No Limit, and True Digital Group (Online Station) brought together the region’s gaming community under the theme "World of Gaming," celebrating creativity, innovation, and business growth in the global gaming industry. Read more in our articles including "Volition Games, the studio behind Saints Row, shuts down permanently" and "Europe enters the MLBB esports scene with first PGL Mobile Legends Challengers tournament".
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Sep 20, 2025According to a LinkedIn post by the company, the closure is due to parent company Embracer Group's restructuring program. The program was announced in June 2023 after a failed USD 2 billion investment deal with Savvy Games Group—the gaming arm of Saudi Arabia’s Public Investment Fund.
As part of the restructuring, Embracer evaluated its strategic and operational goals and made the difficult decision to close Volition. The joint event between Koelnmesse, Show No Limit, and True Digital Group (Online Station) brought together the region’s gaming community under the theme "World of Gaming," celebrating creativity, innovation, and business growth in the global gaming industry.
Our coverage of Embracer Group includes: "Volition Games, the studio behind Saints Row, shuts down permanently"; "Europe enters the MLBB esports scene with first PGL Mobile Legends Challengers tournament"; "Red Bull Partners with Mobile Legends for M7 World Championship". Each article provides unique insights and information.