"Embracer Group Sells Saber Interactive, Borderlands Dev in $500 Million Deal"
TL;DR Summary
Gearbox Entertainment, the developer behind Borderlands, is reportedly in the late stages of being sold and leaving the struggling Embracer Group, following in the footsteps of Saber Interactive. CEO Randy Pitchford shared the news with employees, and more details are expected in March. This potential departure comes after Saber Interactive's confirmation of being sold to private investors for $500 million, marking a significant loss in IP and development talent for the Embracer Group.
Topics:technology#acquisition#business-gaming#embracer-group#gaming-industry#gearbox-entertainment#saber-interactive
- Borderlands Dev Set to Join Saber in Leaving Embracer Group Push Square
- 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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