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Embracer Group Contemplates Selling Gearbox Entertainment, Impacting Borderlands Dev

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Source: Nintendo Life
Embracer Group Contemplates Selling Gearbox Entertainment, Impacting Borderlands Dev
Photo: Nintendo Life
TL;DR

Embracer Group is reportedly considering selling Borderlands developer Gearbox Entertainment as it looks to improve its financial situation. The potential sale comes after Embracer Group's acquisition of Gearbox for $1.35 billion earlier this year. International gaming groups have expressed interest, but a deal is not guaranteed. Embracer Group has been undergoing a restructuring program and recently shut down Saints Row developer Volition. The news of a potential sale has led to speculation about the future of Gearbox Entertainment.

Topics:top-newsbusiness#business#embracer-group#financial-troubles#gaming-industry#gearbox-entertainment#sale
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  1. Embracer Group Reportedly Looking To Sell Borderlands Dev Gearbox Entertainment  Nintendo Life
  2. Borderlands Developer Gearbox Reportedly Up for Sale  IGN
  3. Embracer Group Is Considering Selling Borderlands Dev Gearbox  Kotaku
  4. Embracer Group might sell Gearbox Entertainment, maker of Borderlands  The Verge
  5. Report: MX vs ATV studio Rainbow Studios impacted by Embracer layoffs  Game Developer

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