Saber Interactive's $500M Buyback and Gearbox Sale Rumors

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.