Saber Interactive's $500M Buyback and Gearbox Sale Rumors
TL;DR
Saber Interactive is set to gain independence from Embracer Group through a $500 million deal with a private investor group, allowing the company to retain its 3,500 employees and continue development on projects such as the Star Wars: The Knights of the Old Republic remake. Meanwhile, a report suggests that Gearbox Software is close to being sold, following Embracer's acquisition of the company for $1.4 billion in 2020. Embracer Group, which has undergone significant restructuring and acquisitions in recent years, currently owns 129 game development studios and employs around 15,000 people across 40 countries.
Topics:technologybusiness#acquisition#business#embracer-group#gearbox-software#restructuring#saber-interactive
- Saber Interactive buys itself back from Embracer for $500M; Gearbox sale looms VG247
- 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
- Embracer Reportedly Set To Sell Star Wars: KOTOR Remake Dev Saber Interactive In $500 Million Deal Game Informer
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