There is something the video game industry has created for itself, unintentionally, in the past few years, that indicates not just how much the industry is adjusting to modern times, but also how drastically it is changing in its own terms.
29.02.2024 - 17:13 / videogameschronicle.com / Steven Spielberg / Chris Scullion / Kotor Remake / Interactive / Saber Interactive
Embracer Group is reportedly set to sell Saber Interactive in a deal worth up to $500 million.
A Bloomberg report, citing a source familiar with the transaction, says the studio is being sold to a group of private investors.
The deal will result in Saber becoming a privately owned company with around 3,500 employees in total across its studios worldwide (including the US, Russia and Portugal).
Saber will also reportedly continue to work on its remake of Star Wars: Knights of the Old Republic following the deal.
The KotOR remake was originally billed as a collaboration between Saber studio Aspyr Media and production partners Lucasfilm Games and Sony Interactive Entertainment, and was announced as a timed PS5 console exclusive during a PlayStation Showcase event in September 2021.
Since then the remake has been beset by problems, but a report in Novembersuggested it was still in development.
Embracer has been carrying out a widespread money-saving operation, announcing in June 2023 that it was implementing a restructuring plan which would involve the closure of studios and the cancellation of projects.
The restructuring resulted in 1,387 job cuts, or about 8% of its global workforce, during the six months ended in December. This included cutting 871 internal game developers, 252 internal non-developers, and 264 external developers.
Embracer also confirmed earlier this month that, during a six-month period last year,it cancelled 29 unannounced games.
It’s claimed that the $500 million deal will also give Saber the option to bring along a number of Embracer subsidiaries, but no details have been given on which ones they could be.
Last December, Saber announced single-player action-adventure gameJurassic Park: Survival, which is set the day after the events of Steven Spielberg’s 1993 film.
There is something the video game industry has created for itself, unintentionally, in the past few years, that indicates not just how much the industry is adjusting to modern times, but also how drastically it is changing in its own terms.
The first major patch for Star Wars Battlefront Classic Collection is available on Steam, with console versions currently going through the submission process.
Embattled Star Wars: Battlefront Classic Collection developer Aspyr has released the game's first post-launch update.
The features iconic characters from both the original and prequel eras of. is a remake of the original and from the 2000s, with notable improvements to the same maps and game modes. The reviews for the remaster have been mostly negative thus far, with some praise for the single-player but heavily criticizing the poorly optimized multiplayer.
The North American finals of Apex Legends have been postponed, after hackers appeared to give competitors cheats mid-game.
Embracer Group has announced the $247 million sale of Saber Interactive to Beacon Interactive, a new parent company that is owned by Saber co-founder Matthew Karch.
Star Wars fans will be happy to know that Star Wars Battlefront Classic Collection is now avaliable everywhere. The 2004 game is now avaliable to play on PC, Nintendo Switch, Xbox, and Playstation. However, this game has sadly been receiving some not-so-good reviews as of late since its release.
In a series of announcements, Embracer Group has hinted that gamers shouldn't expect to get their hands on the upcoming Star Wars: Knights of the Old Republic remake this year. BioWare's classic action RPG released back in 2003, but it's still remembered fondly by fans. Star Wars: Knights of the Old Republic was part of what many gamers refer to as the developer's «golden age,» and more than a few players have been eager to see it updated for modern consoles.
Embracer has officially sold Saber Interactive, to the tune of $ 247 million.
The villains of a galaxy far, far away are just as iconic as its heroes, and it seems like the folks over at Ravensburger agree with the latest expansion to Star Wars Villainous.
Embracer has sold Saber Interactive for $247 million.
Embracer Group has announced the $247 million sale of Saber Interactive to Beacon Interactive, a new parent company that is owned by Saber co-founder Matthew Karch.