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The Latest Breaking News from Embracer

Take-Two To Acquire Gearbox For 0 Million, Boosting Portfolio

Take-Two's acquisition of Gearbox for 0 million, including popular franchises like Borderlands, sets the stage for exciting developments in the gaming i...

Embracer sell off more assets with Gearbox being acquired by Take-Two for $460m

Embracer sell off more assets with Gearbox being acquired by Take-Two for $460m

Borderlands developer Gearbox is to be acquired by Take-Two for $460m.

Embracer sells Borderlands studio Gearbox for $460 million after acquiring it for $1.3 billion just 3 years ago

Embracer sells Borderlands studio Gearbox for $460 million after acquiring it for $1.3 billion just 3 years ago

Embracer retains Gearbox's publishing arm, however

From analysis to the latest developments in health,
read the most diverse news in one place.

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Video Game Giant Embracer Sells 'Borderlands' Maker To Take-Two

Embracer chief executive Lars Wingefors said the sale, to be completed by the end of June, was "an important step in transforming Embracer into the future with notably lower net debt and improved free cash flow."

International Business Times

Flagging megacorp Embracer Group is now selling off Gearbox Entertainment to Take-Two for $460 million

But it'll keep the Remnant series, thank you very much.

Embracer Group sells Borderlands developer Gearbox to Take-Two Interactive for $460 million

Embracer Group continues its meltdown, selling Borderlands developer Gearbox to Take-Two Interactive for $460 million.

Windows Central

For the first time, you can get underrated action-RPG Deus Ex: Mankind Divided for free on Epic Games Store

Grab the stylish sequel for the grand sum of zero from now until March 21

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We are once more informing you that the KOTOR remake is probably delayed for at least another year

We are once more informing you that the KOTOR remake is probably delayed for at least another year

Time is a flat circle.

Embracer Group sells off Space Marine maker Saber Interactive and most of its studios for $247M, but the price could go a lot higher

Embracer Group sells off Space Marine maker Saber Interactive and most of its studios for $247M, but the price could go a lot higher

Most of the studios operating under the Saber brand are included in the sale, but some big names are staying behind.

Embracer Group sells off Saber Interactive studios and assets, including games like Space Marine 2 and Knights of the Old Republic remake

Embracer Group sells off Saber Interactive studios and assets, including games like Space Marine 2 and Knights of the Old Republic remake

Saber Interactive has parted ways with Embracer alongside a range of Saber-affiliated studios and properties.

Embracer Group officially sells Warhammer 40,000: Space Marine 2 developer Saber Interactive — and the sale might include even more

Embracer Group officially sells Warhammer 40,000: Space Marine 2 developer Saber Interactive — and the sale might include even more

Embracer Group sells Warhammer 40,000: Space Marine 2 developer Saber Interactive and multiple subsidiaries, retaining the rights to multiple games.

Windows Central

Star Wars: Knights of the Old Republic remake studio frees itself from flailing corporate overlords in $247m deal, but smaller studios haven't been so lucky

Star Wars: Knights of the Old Republic remake studio frees itself from flailing corporate overlords in $247m deal, but smaller studios haven't been so lucky

Metro studio 4A Games is reportedly also being sold

'£525 down, but for history and my collection, it's worth it': Free Radical's cancelled version of TimeSplitters 4 was discovered on eBay and is now playable

'£525 down, but for history and my collection, it's worth it': Free Radical's cancelled version of TimeSplitters 4 was discovered on eBay and is now playable

Better late than never.

Borderlands studio Gearbox reportedly in the 'late stages' of a sale, as Embracer Group continues to hack off parts of itself to keep the lights on

Borderlands studio Gearbox reportedly in the 'late stages' of a sale, as Embracer Group continues to hack off parts of itself to keep the lights on

As a caged elephant once said: Money don't grow on trees.

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Borderlands studio Gearbox reportedly being sold off once again as Embracer continues its $2 billion tailspin

Gearbox was acquired by Embracer just three years ago

Embracer Group will reportedly sell Space Marine 2 studio Saber Interactive for $500 million

Saber Interactive, which Embracer acquired in 2020, will continue to operate as a privately-owned company.

Star Wars: Knights of the Old Republic remake studio reportedly cutting ties with flailing corporate overlord Embracer in $500 million deal

The remake has had a difficult development

Embracer reveals it laid off around 1,400 people in 6 months last year, but don't be a bellyacher—this is all about 'maximising shareholder value'

And there's more to come.

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Embracer Group quietly cancelled 29 unannounced games and shut 7 studios within six months last year

This follows the company making over 1,300 workers redundant

Embracer reports Q3 boost from Lord of the Rings licensing

Embracer, owner of Lord of the Rings IP, reported lower-than-expected Q3 results but highlighted strong licensing revenue from the Tolkien franchise.

Embracer confirms it’s laid off over 1,300 people since the start of its restructuring program

Embracer's new financial report confirmed its restructuring program has cut around 8% of staff since it began.

The Guardian - UK

Why is the $180bn games industry shedding thousands of staff?

Despite healthy sales, publishers such as Epic Games and Activision Blizzard are making hundreds of employees redundant – which may radically reshape the industry

Deus Ex actor Elias Toufexis bids a heartfelt farewell to Adam Jensen and thanks fans for their support: 'I asked for this'

In a message posted to Reddit, Toufexis said he'll always be associated with Jensen, "and that's fine with me."

Borderlands 4 announcement rumored with possible return of Handsome Jack

Discover the latest hints and rumors surrounding the highly anticipated Borderlands 4. Gearbox might be teasing its release alongside the Borderlands movie...

Evening Standard

Deus Ex game cancelled amid layoffs at developer Eidos

The thriller follow-up has been axed despite two years of development work

People

Randy Pitchford

James Batchelor

From analysis to the latest developments in health,
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