embracer
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Take-Two is buying Gearbox from Embracer for $460 million
Gearbox Entertainment will soon have a new owner. Take-Two is buying the Borderlands creator for $460 million.
Embracer sells a big chunk of Saber Interactive in a deal worth around $500 million
Embracer Group has sold a major chunk of Saber Interactive in a deal that's said to be worth around $500 million overall. Along with improving the company's bottom line, Embracer CEO Lars Wingefors says the agreement will protect "many developer jobs under new independent ownership."
Saber Interactive may escape Embracer’s death hug and become a private company
Saber Interactive has reportedly found an exit strategy from the death grip of its parent company, Embracer Group AB. Bloomberg reported Thursday that “a group of private investors” will buy the studio in a deal worth roughly $500 million.
A new Deus Ex game was reportedly canceled amid Embracer's crisis
Embracer Group, the Swedish holding company undergoing restructuring, has reportedly canceled a Deus Ex game. Developers had allegedly been working on the unannounced title for two years.
Tiny Tina's Wonderlands developer faces layoffs in latest Embracer cuts
Lost Boys Interactive is the latest studio to face cost-cutting measures.
TimeSplitters studio Free Radical Design has shut down
Free Radical Design, the company tasked to create a TimeSplitters reboot, has closed its doors. Additionally, the developer’s official website now redirects to a 404 error, along with text reading “company not found” and a sad face.
The TimeSplitters revival may be in limbo as its developer faces potential closure
Free Radical Design, the re-formed studio that's working on a TimeSplitters reboot, could be shut down as soon as December 11, according to a report.
Embracer may sell Borderlands creator Gearbox amid financial woes
Embracer may sell off Gearbox as it tries to reduce its debt. The embattled company bought the Borderlands creator in 2021 in a deal that was worth up to $1.4 billion.
Embracer announces layoffs and game cancellations after a $2 billion deal falls through
Embracer Group is cancelling some games, closing or selling studios and laying off an unknown number of workers as it tries to reduce costs and make the business more efficient. The news comes soon after the company said a deal that would have been worth $2 billion in revenue fell apart.
Amazon will publish the next Tomb Raider game
Amazon will publish the next Tomb Raider game, which will be the first mainline entry in the series since 2018. Crystal Dynamics will use Unreal Engine 5 to develop the 'biggest, most expansive Tomb Raider game to date.'
Troubled 'Star Wars: Knights of the Old Republic' remake reportedly switches studios
'Bloomberg' says the project moved from Aspyr Media to Saber Interactive, which are both owned by Embracer.
Engadget Podcast: What's up with 'Overwatch 2?'
So does the Overwatch 2 beta live up to all of the hype and anticipation? This week, Jessica Conditt joins Devindra to chat about Blizzard’s long-awaited sequel and why she thinks it’s worth the wait.
Meet the biggest games publisher you’ve never heard of
Embracer, formerly THQ Nordic, has spent billions to acquire the best of the rest game developers in the world.
