Embracer Group Contemplates Selling Gearbox Entertainment, Impacting Borderlands Dev

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

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.

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