Black Forest Games regains independence from Embracer to co-found indie studio group Third Signal

Black Forest Games, the studio behind the recent No More Humans! remakes, has regained its independence from THQ Nordic and parent company Embracer Group. 

In a note on LinkedIn, Black Forest CEO Adrian Goersch said the studio was bought out by its founders with help from an investment group. 

"In 2017, we were one of the first two studios acquired by Nordic Games, which later became Embracer. Our ties with THQ Nordic date back to our Spellbound days and remain strong, with ongoing and future co-dev projects," he wrote. 

"Now that we are an 'indie' again, we are looking forward to our new adventures. We have an exciting project in development, a great team by our side, and the support of our partners."

A press release issued shortly after Goersch broke the news reveals the newly-independent company has become a founding member and co-owner of Third Signal, a cohort of indie studios making premium titles for PC and console.

It's unclear which—if any—other studios have joined the group as it stands. 

Andreas Tobler, founder and CEO of Third Signal, explained that Black Forest will still develop and publish games under its own label when outlining his vision for Third Signal.

"Some of the best games of the last decade came from teams of fifty, not five hundred. Black Forest Games is one of them, and the right studio to launch Third Signal," said Tobler. 

"Our vision is to build a developer driven group and give teams the independence, resources and creative freedom to continue their creative legacy and bring their own ideas to life."

Vertical Slice has reached out to Third Signal for more information on how the group will operate.