"Embracer Group Nears Completion of Multi-Million Dollar Sales Deals for Gearbox and Saber Interactive"
TL;DR Summary
Embracer Group is reportedly in the "late stages" of finalizing the sale of Borderlands studio Gearbox to a third party as part of its ongoing "comprehensive restructuring programme". This follows the company's previous purchase of Gearbox for $363m in 2021. The potential sale of Gearbox and Saber Interactive would be the latest steps in Embracer's restructuring program, which was initiated after the collapse of a $2bn "major strategic partnership" and has involved layoffs and studio closures.
- Embracer Group sale of Borderlands studio Gearbox reportedly in "late stages" of finalisation Eurogamer.net
- 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
- Report: Saber Interactive is splitting off from Embracer to continue KOTOR Remake development Game Developer
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