Two thirds of CD Projekt are now working on the next game in the Witcher series, codenamed Polaris.
13.03.2024 - 16:23 / gamingbolt.com / Interactive / Saber Interactive
It was reported in late February that Saber Interactive was on the verge of buying back its independence from parent company Embracer Group to go independent in a deal worth $500 million, and it recent developments have indicated that that deal is edging closer to completion.
As caught by @lejooon on Twitter, Saber Interactive recently made some notable changes to its website, removing all mentions of Embracer Group. Previously, the words “an Embracer Group company” were displayed beneath Saber Interactive’s logo on its website, while the company was also described as “one of the key operative business units of Embracer Group”. Both mentions, among others, have now been scrapped from the website.
Previously, it was reported that Saber Interactive’s deal would see the former also bringing along other subsidiaries – specifically, the studios under the Saber Interactive label – and that Saber would continue to work on the troubled Star Wars: Knights of the Old Republic – Remake project.
Whether the changes to Saber’s website indicate that the deal has been finalized (or is close to being finalized) remains to be seen, but if that is indeed the case, an announcement could be imminent.
It has also been reported that Borderlands developer Gearbox Entertainment is also set to leave the Embracer Group, with that deal set to be announced in March.
Saber Interactive anger inte längre att man ligger under <a href=«https://twitter.com/search?q=%24EMBRAC&src=ctag&ref_src=» https:>$EMBRAC
. Hemsidan från Januari vs hemsidan idag. pic.twitter.com/Hk5pAlemMq
— Lukas (@lejooon) <a href=«https://twitter.com/lejooon/status/1767856579779428555?ref_src=» https:>March 13, 2024
Two thirds of CD Projekt are now working on the next game in the Witcher series, codenamed Polaris.
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.
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 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.
With Saber Interactive splitting from the Embracer Group in a $247 million deal, there’s the question of which projects the developer is still handling. Chief creative officer Tim Willits has addressed the same on Twitter, confirming that Warhammer 40,000: Space Marine 2, John Carpenter’s Toxic Commando, and Jurassic Park: Survival are still under its purview.
Saber Interactive is officially splitting from Embracer Group, bringing a few more studios formerly owned by the Swedish company with it as well.
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.
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.
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.
Embracer has officially sold Saber Interactive, to the tune of $ 247 million.
Saber Interactive has parted ways with Embracer Group, buying back the rights to its own work as well as much of its network of studios and contractors.
Saber Interactive have parted ways with Embracer Group, buying back the rights to both themselves and numerous other studios in a deal initially valued at $247 million. The deal includes 38 ongoing game development projects plus the rights to 3D Realms, Slipgate Ironworks, New World Interactive, Nimble Giant, Mad Head, Digic, Fractured Byte and PR agency Sandbox Strategies, as well as Metro developers 4A Games and Pinball FX maker Zen Studios via options.