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Embracer sell Borderlands devs Gearbox to Rockstar parent Take-Two for $460 million in shares - rockpapershotgun.com - state Texas - Sweden - San Francisco
rockpapershotgun.com
28.03.2024 / 15:01

Embracer sell Borderlands devs Gearbox to Rockstar parent Take-Two for $460 million in shares

Embracer have announced that they're selling Borderlands developers Gearbox Entertainment to Take-Two Interactive, owners of 2K Games and GTA 6 developers Rockstar, for $460 million in Take-Two shares. Three Gearbox Software studios - the flagship studio in Texas, together with Gearbox Montréal and Gearbox Quebec - will change hands as part of the deal. Take-Two will also acquire the Borderlands and Tiny Tina's Wonderlands franchises, together with Homeworld, Risk of Rain, Brothers in Arms and Duke Nukem.

Remnant Publishing Rights, Lost Boys Interactive, Cryptic Studios, and More to Remain with Embracer - gamingbolt.com - San Francisco
gamingbolt.com
28.03.2024 / 10:07

Remnant Publishing Rights, Lost Boys Interactive, Cryptic Studios, and More to Remain with Embracer

Gearbox Software is officially splitting from the Embracer Group, acquired alongside Gearbox Quebec and Gearbox Montreal by Take-Two Interactive for $460 million. However, several studios under Gearbox Entertainment will remain with Embracer, including Gearbox Publishing San Francisco, formerly Perfect World Entertainment.

Take-Two Interactive Acquires Gearbox Software from Embracer for $460 Million - gamingbolt.com
gamingbolt.com
28.03.2024 / 08:15

Take-Two Interactive Acquires Gearbox Software from Embracer for $460 Million

After months of rumors, the Embracer Group has confirmed an agreement to sell parts of Gearbox Entertainment to Take-Two Interactive for $460 million. The divested assets include Gearbox Software, Gearbox Montreal, Gearbox Studio Quebec and franchises like Borderlands, Tiny Tina’s Wonderlands, Homeworld, Risk of Rain, Duke Nukem and Brothers in Arms.

Take-Two Interactive Software to acquire The Gearbox Entertainment Company - gematsu.com - San Francisco
gematsu.com
28.03.2024 / 06:35

Take-Two Interactive Software to acquire The Gearbox Entertainment Company

Take-Two Interactive Software will acquire The Gearbox Entertainment Company from Embracer Group in a $460 million deal, the companies announced (2).

Project Mango is a collaboration between Kurzgesagt and Toukana Interactive - thesixthaxis.com
thesixthaxis.com
21.03.2024 / 22:19

Project Mango is a collaboration between Kurzgesagt and Toukana Interactive

A new project has been announced by Toukana Interactive and popular animation house Kurzgesagt – best known for their long-running YouTube channel. What will Project Mango be? That’s anyone’s guess at this stage with just a short teaser trailer for something only expected to release in 2025.

Dorfromantik studio Toukana Interactive announces Project Mango - gematsu.com
gematsu.com
21.03.2024 / 22:13

Dorfromantik studio Toukana Interactive announces Project Mango

Dorfromantik studio Toukana Interactive, in cooperation with YouTube science storytellers kurzgesagt, have announced Project Mango, a tentatively titled game in a space setting. It will launch in 2025.

Saber Interactive Will Split from Embracer Group in Complicated But Amicable Divestment | Push Square - pushsquare.com - Russia - Sweden
pushsquare.com
20.03.2024 / 01:22

Saber Interactive Will Split from Embracer Group in Complicated But Amicable Divestment | Push Square

The collapse of the utterly reckless Embracer Group continues to occur publicly, as juggernaut development unit Saber Interactive has announced plans to split from the embattled Swedish organisation. The division will be purchased by Beacon Interactive, a new holding firm controlled by Saber Interactive’s co-founder Matthew Karch. But as detailed in a press release on the divestment, there’s still plenty to be untangled between the two titans.

Embracer has officially sold off Saber Interactive - thesixthaxis.com - Russia - Ukraine - state Florida - Belarus
thesixthaxis.com
15.03.2024 / 15:01

Embracer has officially sold off Saber Interactive

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.

Embracer Group just sold Saber Interactive. Here’s who still owns what - digitaltrends.com - Russia - Sweden - Spain - Belarus
digitaltrends.com
14.03.2024 / 15:39

Embracer Group just sold Saber Interactive. Here’s who still owns what

Embracer Group confirmed it is selling Saber Interactive to Beacon Interactive on Thursday morning, following rumors of a sale last month. Saber Interactive is a massive company that not only develops games like Warhammer 40,000: Space Marine 2 and Expeditions: A Mudrunner Game but also owns several studios.

Star Wars: Knights Of The Old Republic remake release left in limbo by Saber Interactive sale - rockpapershotgun.com
rockpapershotgun.com
14.03.2024 / 15:01

Star Wars: Knights Of The Old Republic remake release left in limbo by Saber Interactive sale

This week's announcement that Embracer are selling off Saber Interactive to new company Beacon Interactive has cast further doubt over the future of one of Embracer's bigger projects, the much-delayed Star Wars: Knights Of The Old Republic remake. While Embracer have yet to actually state this out loud, it sounds like the KOTOR remake will be a "joint project" between Saber and Embracer. It also probably won't be out in the next 12 months. Given the project's repeated disruptions and delays, I suspect many of us will settle for the game coming out at all.

Embracer sells a big chunk of Saber Interactive in a deal worth around $500 million - engadget.com - Russia - Saudi Arabia
engadget.com
14.03.2024 / 14:43

Embracer sells a big chunk of Saber Interactive in a deal worth around $500 million

As expected, the Embracer Group has sold much of Saber Interactive, which is known for the Metro series, Gloomhaven and remakes of classic Star Wars titles. The buyer is a group of private investors under the umbrella of Beacon Interactive, which is run by Saber co-founder Matthew Karch.

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