Roblox’s “Bloxburg” Bought for $100 Million

Gdizzle
2 min readDec 27, 2022

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Welcome to Bloxburg, a popular life simulation game developed by Coeptus, has recently been sold for a staggering $100 million to Embracer Group, the company behind popular franchises such as Tomb Raider and Goat Simulator.

The game, which was released on Roblox in 2014, allows players to build and design their own houses, work various jobs, and interact with other players in a virtual neighborhood. It has gained a dedicated player base over the years and has even inspired the creation of fan-made YouTube videos and social media accounts.

Embracer Group, based in Sweden, has made a name for itself in the gaming industry with its acquisition of several successful studios and franchises. In addition to Tomb Raider and Goat Simulator, the company also owns franchises such as Saints Row, Metro, and Gears of War. The acquisition of Welcome to Bloxburg is a strategic move for Embracer Group, as it expands its reach into the popular life simulation genre.

This acquisition is not the first time that Embracer Group has invested in the Roblox platform. In 2020, the company acquired the popular Roblox game Adopt Me! for a reported $400 million. With the acquisition of Welcome to Bloxburg, Embracer Group now has a strong presence on the Roblox platform, which has seen a surge in popularity in recent years due to the COVID-19 pandemic and the increase in people spending more time at home.

The sale of Welcome to Bloxburg has received mixed reactions from the game’s community. Some players are excited about the potential for new updates and features, while others are concerned about potential changes to the game’s core mechanics. Embracer Group has assured players that it plans to continue supporting and updating the game, and that the team at Coeptus will remain involved in its development.

The $100 million price tag for Welcome to Bloxburg is a testament to the game’s success and the potential for growth under Embracer Group’s ownership. It also highlights the growing trend of large companies acquiring popular games and franchises, as they look to expand their reach and tap into new markets.

Despite the concerns of some players, the acquisition of Welcome to Bloxburg by Embracer Group is an exciting development that has the potential to bring new and exciting updates to the game. Embracer Group has a strong track record in the gaming industry, and its acquisition of Welcome to Bloxburg shows that the company is committed to investing in and supporting the growth of successful games and franchises.

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