Report: Embracer considering Gearbox sale

Each year, Steam announce the dates for upcoming sales and fests. The information is designed so that developers can opt-in to have their games included, and plan for the year ahead. But if you're looking to buy a boatload of games, you might also want to plan when based on potential discounts.

Valve has released the dates for the first Steam sales planned for next year.

Embracer has made a new round of layoffs, this time at Mythforce developer Beamdog less than 18 months after its acquisition.

Embracer Group has made layoffs at Baldur's Gate: Enhanced Edition and Mythforce developer Beamdog less than two years after acquiring the studio.

Xbox has made significant acquisitions this generation, like its $7.5 billion purchase of ZeniMax Media and its colossal $69 billion Activision Blizzard acquisition. Xbox and Microsoft spent a lot of time this year in courts working to get its purchase of Activision Blizzard legally approved, and many documents were sealed away from the public and press during these proceedings. However, various unseen documents from those court proceedings have leaked. One email reveals Xbox head Phil Spencer was considering an acquisition of Mario maker Nintendo and Mortal Kombat 1 publisher Warner Bros. Interactive Entertainment (now known as Warner Bros. Games) at one point. 

Borderlands developer Gearbox is reportedly up for sale by parent company Embracer Group. As per Reuters, the Swedish conglomerate is looking to restructure following a $2 billion (about Rs. 16,586 crore) deal with Saudi Arabia government-funded Savvy Games Group that fell through, earlier this year. The fallout resulted in the former cutting down on spending, in addition to closing down studios and laying off its employees. Having been acquired merely two-and-a-half years ago, Gearbox is now the latest victim, with some alleged third-party publishers expressing interest in acquiring the developer. No names were mentioned, though they were described as “international gaming groups.”

Reports have emerged that Embracer Group are exploring the sale of Gearbox, as the once omnivorous publisher holding company continues to undergo a large-scale restructuring program after a $2 billion investment deal fell through earlier this year.

Embracer is reportedly considering the sale of Borderlands developer Gearbox Entertainment just over two years after it  purchased the company for $1.38 billion.

Rainbow Studios is apparently the latest studio in the firing line of Embracer's restructuring efforts.

Gearbox Entertainment, the developer of the Borderlands franchise, is reportedly being put up for sale by parent company Embracer Group.

Embracer Group's ongoing restructuring efforts have seemingly resulted in layoffs at MX vs ATV Legends developer Rainbow Studios.

Less than two weeks after the surprise closure of Saints Row studio Volition, a Reuters report says Embracer Group is now looking to rid itself of Borderlands studio Gearbox Entertainment—not through a shutdown this time, but a sale.