"Star Wars: KOTOR Remake Studio's $247m Escape From Embracer"

Saber Interactive, developer of the upcoming Star Wars: Knights of the Old Republic - Remake, has been sold by Embracer Group to a private investor group under Beacon Interactive for $500 million. The sale includes Saber and some of its owned studios, while Embracer retains ownership of other studios including Aspyr, which was previously assigned to work on the KotOR remake. Despite ongoing projects, Embracer has faced layoffs and game cancellations, leading to a reputation for negatively impacting acquired studios.