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The Latest Breaking News from Embracer

After taking on $1.5 billion in debt over a $2 billion gamble, embattled Embracer CEO responsible for over 1,400 layoffs breaks out classic scapegoats: Russia and Covid

Embracer Group's Lars Wingefors is splitting his company into three parts

GamesRadar

Embracer's CEO says 'I'm sure I deserve a lot of criticism' as he reflects on a company split three ways—but maintains that every 'key entrepreneur and CEO' believed in its 'mission'

"All those decisions to acquire or organically set up or invest … I firmly believed in that."

PC Gamer

After at least 1,400 layoffs, 7 studios closed, and 29 games canceled, Embracer CEO admits "I deserve a lot of criticism"

Although "it's been painful," Lars Wingefors says "I still believe in what we do"

GamesRadar

From analysis to the latest developments in health,
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Future Lord of the Rings games are set to get their own dedicated publisher following parent company Embracer's mass-studio closure amid $2 billion investment collapse

Coffee Stain, Middle-Earth, and Asmodee are all becoming their own entities

GamesRadar

Embracer Group embraces its new future as three separate companies including 'Middle-earth and Friends', which its CEO says 'reinforces Embracer's vision of backing entrepreneurs and creators with a long-term mindset'

Making friends.

PC Gamer

'Tomb Raider' Owner Embracer Splits Into Three Companies

Sweden's Embracer, owner of the "Tomb Raider" franchise, announced Monday it would split into three separate companies in a major reset for one of Europe's biggest video game groups.

International Business Times

After Embracer Group's acquisitions and subsequent troubles, the company is splitting into three oddly-named entities

The embattled Embracer Group is back in the headlines, but thankfully not for similar reasons to more recent times. It's being split up into three new companies, each with a different focus and operating independently of each other.

Windows Central

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Newly-minted Saber Interactive boss says Embracer CEO 'gets a bad rap' for massive layoffs, studio closures, and game cancellations

One wonders what kind of rap he thinks would be appropriate.

PC Gamer

Somehow, KOTOR returned: Saber boss finally comes out and says 'it's obvious we're working on this' after chaos at Embracer and that the remake is 'alive and well'

Never tell me the odds.

PC Gamer

As restructuring ends with the sale of Gearbox, Embracer's CEO has a new plan: 'simply making better products and games'

It's a bold strategy.

PC Gamer

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...

Top News

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.

TechRadar

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

GamesRadar

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

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PC Gamer

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.

Windows Central

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.

GamesRadar

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

PC Gamer

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

Time is a flat circle.

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news in one place.

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PC Gamer

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.

TechRadar

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.

Windows Central

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.

GamesRadar

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

PC Gamer

'£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.

PC Gamer

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.

GamesRadar

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

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