"Embracer Group's $500 Million Sale of Saber Interactive and Gearbox"

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Source: Video Games Chronicle
"Embracer Group's $500 Million Sale of Saber Interactive and Gearbox"
Photo: Video Games Chronicle
TL;DR Summary

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.

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