"Embracer Group's $500 Million Sale of Saber Interactive and Gearbox"
TL;DR
Embracer Group is reportedly selling Saber Interactive to private investors for up to $500 million, making Saber a privately owned company with around 3,500 employees. Despite Embracer's restructuring and job cuts, Saber will continue working on the Star Wars: Knights of the Old Republic remake. The deal may also involve bringing along some Embracer subsidiaries, and Saber recently announced a new game, Jurassic Park: Survival.
Topics:technologybusiness-and-gaming#business-and-gaming#embracer-group#private-investors#restructuring#saber-interactive#star-wars-kotor-remake
- Embracer is reportedly selling Saber Interactive for $500 million, including its Star Wars: KoTOR remake | VGC Video Games Chronicle
- Embracer Group to Sell Saber, Developer of a New 'Star Wars' Game Remake, in $500 Million Deal Bloomberg
- Sources: Borderlands Maker Gearbox Is Close To A Sale Kotaku
- Star Wars: Knights of the Old Republic Remake Dev Saber Interactive Escapes Embracer in $500 Million Deal IGN
- Gearbox Will Be Sold Next Month, It's Claimed Insider Gaming
Want the full story? Read the original reporting
Read on Video Games Chronicle