Gaming giant Embracer Group is splitting into three companies

/ The Lord of the Rings and Tomb Raider owner is forming three companies that separately specialize in AAA titles, indie and mobile gaming, and tabletop games.

Embracer Group will house major properties like the Lord of The Rings under its new Middle-earth Enterprises & Friends company. Image: Warner Bros.

Swedish gaming conglomerate Embracer Group announced plans on Monday to split itself into three distinct games and entertainment companies: Asmodee Group, Coffee Stain & Friends, and Middle-earth Enterprises & Friends. These will be separate, publicly listed

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