Take-Two Acquires Gearbox and Borderlands Game from Embracer

Take-Two has acquired Gearbox, the developer behind the Borderlands franchise, for $460 million, including properties such as Borderlands, Tiny Tina’s Wonderlands, Homeworld, Risk of Rain, Brothers in Arms, and Duke Nukem. This move provides stability for Gearbox and its projects, as Embracer Group, which previously owned Gearbox, has faced layoffs, shutdowns, and game cancellations. The acquisition strengthens Take-Two's portfolio and creative talent, while Gearbox's long-standing partnership with 2K and Take-Two makes it a logical fit.