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The Latest Breaking News from Embracer

After Embracer Group's acquisitions and subsequent troubles, the company is splitting into three oddly-named entities

The embattled Embracer Group is back in the headlines, but thankfully not for similar reasons to more recent times. It's being split up into three new companies, each with a different focus and operating independently of each other.

Windows Central

Newly-minted Saber Interactive boss says Embracer CEO 'gets a bad rap' for massive layoffs, studio closures, and game cancellations

Newly-minted Saber Interactive boss says Embracer CEO 'gets a bad rap' for massive layoffs, studio closures, and game cancellations

One wonders what kind of rap he thinks would be appropriate.

Somehow, KOTOR returned: Saber boss finally comes out and says 'it's obvious we're working on this' after chaos at Embracer and that the remake is 'alive and well'

Somehow, KOTOR returned: Saber boss finally comes out and says 'it's obvious we're working on this' after chaos at Embracer and that the remake is 'alive and well'

Never tell me the odds.

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As restructuring ends with the sale of Gearbox, Embracer's CEO has a new plan: 'simply making better products and games'

It's a bold strategy.

Take-Two To Acquire Gearbox For 0 Million, Boosting Portfolio

Take-Two's acquisition of Gearbox for 0 million, including popular franchises like Borderlands, sets the stage for exciting developments in the gaming i...

Embracer sell off more assets with Gearbox being acquired by Take-Two for $460m

Borderlands developer Gearbox is to be acquired by Take-Two for $460m.

Embracer sells Borderlands studio Gearbox for $460 million after acquiring it for $1.3 billion just 3 years ago

Embracer retains Gearbox's publishing arm, however

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Video Game Giant Embracer Sells 'Borderlands' Maker To Take-Two

Video Game Giant Embracer Sells 'Borderlands' Maker To Take-Two

Embracer chief executive Lars Wingefors said the sale, to be completed by the end of June, was "an important step in transforming Embracer into the future with notably lower net debt and improved free cash flow."

International Business Times

Flagging megacorp Embracer Group is now selling off Gearbox Entertainment to Take-Two for $460 million

Flagging megacorp Embracer Group is now selling off Gearbox Entertainment to Take-Two for $460 million

But it'll keep the Remnant series, thank you very much.

Embracer Group sells Borderlands developer Gearbox to Take-Two Interactive for $460 million

Embracer Group sells Borderlands developer Gearbox to Take-Two Interactive for $460 million

Embracer Group continues its meltdown, selling Borderlands developer Gearbox to Take-Two Interactive for $460 million.

Windows Central

For the first time, you can get underrated action-RPG Deus Ex: Mankind Divided for free on Epic Games Store

For the first time, you can get underrated action-RPG Deus Ex: Mankind Divided for free on Epic Games Store

Grab the stylish sequel for the grand sum of zero from now until March 21

We are once more informing you that the KOTOR remake is probably delayed for at least another year

We are once more informing you that the KOTOR remake is probably delayed for at least another year

Time is a flat circle.

Embracer Group sells off Space Marine maker Saber Interactive and most of its studios for $247M, but the price could go a lot higher

Embracer Group sells off Space Marine maker Saber Interactive and most of its studios for $247M, but the price could go a lot higher

Most of the studios operating under the Saber brand are included in the sale, but some big names are staying behind.

Embracer Group sells off Saber Interactive studios and assets, including games like Space Marine 2 and Knights of the Old Republic remake

Embracer Group sells off Saber Interactive studios and assets, including games like Space Marine 2 and Knights of the Old Republic remake

Saber Interactive has parted ways with Embracer alongside a range of Saber-affiliated studios and properties.

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Windows Central

Embracer Group officially sells Warhammer 40,000: Space Marine 2 developer Saber Interactive — and the sale might include even more

Embracer Group sells Warhammer 40,000: Space Marine 2 developer Saber Interactive and multiple subsidiaries, retaining the rights to multiple games.

Star Wars: Knights of the Old Republic remake studio frees itself from flailing corporate overlords in $247m deal, but smaller studios haven't been so lucky

Metro studio 4A Games is reportedly also being sold

'£525 down, but for history and my collection, it's worth it': Free Radical's cancelled version of TimeSplitters 4 was discovered on eBay and is now playable

Better late than never.

Borderlands studio Gearbox reportedly in the 'late stages' of a sale, as Embracer Group continues to hack off parts of itself to keep the lights on

As a caged elephant once said: Money don't grow on trees.

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Borderlands studio Gearbox reportedly being sold off once again as Embracer continues its $2 billion tailspin

Gearbox was acquired by Embracer just three years ago

Embracer Group will reportedly sell Space Marine 2 studio Saber Interactive for $500 million

Saber Interactive, which Embracer acquired in 2020, will continue to operate as a privately-owned company.

Star Wars: Knights of the Old Republic remake studio reportedly cutting ties with flailing corporate overlord Embracer in $500 million deal

The remake has had a difficult development

Embracer reveals it laid off around 1,400 people in 6 months last year, but don't be a bellyacher—this is all about 'maximising shareholder value'

And there's more to come.

Embracer Group quietly cancelled 29 unannounced games and shut 7 studios within six months last year

This follows the company making over 1,300 workers redundant

Embracer reports Q3 boost from Lord of the Rings licensing

Embracer, owner of Lord of the Rings IP, reported lower-than-expected Q3 results but highlighted strong licensing revenue from the Tolkien franchise.

Embracer confirms it’s laid off over 1,300 people since the start of its restructuring program

Embracer's new financial report confirmed its restructuring program has cut around 8% of staff since it began.

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Randy Pitchford

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