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

What you need to know Embracer Group purchased Gearbox Software for $1.3 billion back in 2021.  Embracer Group is now selling most of Gearbox to Take-Two Interactive, parent company of 2K Games, for $460 million. Gearbox Software retains the rights to the Borderlands, Homeworld, and Risk of Rain franchises. Embracer Group is retaining the publishing […]

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

What you need to know Embracer Group is selling developer and publisher Saber Interactive for a listed price of $247 million.  The sale includes multiple subsidiaries, including New World Interactive, Nimble Giant, and Slipgate.  The sale also grants Saber Interactive the option to bring Metro developer 4A Games and Pinball FX developer Zen Studios.  According […]

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Embracer Group reportedly cancels unannounced Deus Ex game, lays off staff at Eidos Montreal

What you need to know In 2022, reports indicated that Embracer Group-owned studio Eidos Montreal was looking to bring back the Deus Ex franchise.  Deus Ex is a series of games in a  near-future, alternate-timeline cyberpunk setting, with the last entry in the franchise being 2016’s Deus Ex: Mankind Divided.  Per a report from Bloomberg, […]

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Embracer Group layoffs continue with cuts at Tiny Tina’s Wonderlands support studio Lost Boys Interactive

What you need to know Lost Boys Interactive is a studio that’s supported the development of games such as Tiny Tina’s Wonderlands.  Acquired by Embracer Group-owned Gearbox Software in 2022, Lost Boys Interactive employed around 400 people.  Embracer Group has cut a number of jobs at the studio, with a large number employees laid off.  […]

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It goes from bad to worse for Gearbox owner Embracer as it reportedly looks to sell off the Borderlands developer

What you need to know Embracer Group, owner of Gearbox, is reported to be weighing options, including a full sale, for the Borderlands developer.  Embracer bought Gearbox in 2021 in a deal valued around $1.4 billion.  The news comes less than two weeks after Embracer decided to close Volition of Saint’s Row fame.  Embracer Group […]

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Embracer Group closes Saints Row developer Volition

What you need to know Volition is a studio based out of Illinois in the U.S. known for working on titles like the Red Faction and Saints Row franchises.  After the studio’s most recent game, Saints Row (2022), the team was moved under Gearbox Entertainment.  Parent company Embracer Group is closing Volition following a restructuring […]

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Embracer loses $2 billion deal, shares plummet

What you need to know This week Embracer Group presented its quarterly earnings report for Q4, which includes January-March 2023. A critical partnership valued at $2 billion fell through late Tuesday night. Due to the fallout from the forfeited deal, Embracer Group has significantly cut its earnings forecast. In recent years, Swedish company Embracer Group […]

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Tomb Raider owner Embracer loses $2 billion deal, shares plummet

What you need to know This week Embracer Group presented its quarterly earnings report for Q4, which includes January-March 2023. A critical partnership valued at $2 billion fell through late Tuesday night. Due to the fallout from the forfeited deal, Embracer Group has significantly cut its earnings forecast. In recent years, Swedish company Embracer Group […]

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Amazon Games et Embracer annonce un jeu MMO « Le seigneur des Anneaux »

Jeu MMO The Lord Of The Rings Amazon Games et Embracer Group annonce un accord portant sur le développement d’un nouveau jeu en ligne massivement multijoueur (MMO). Il sera basé sur le Seigneur des Anneaux de J.R.R. Tolkien. Le titre sera une aventure MMO en monde ouvert. L’histoire se déroulera dans un monde situé en […]

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Le Seigneur des Anneaux : Embracer confirme 5 jeux à venir d’ici 2024

Le géant suédois Embracer compte bien exploiter au maximum la licence Le Seigneur des Anneaux. Dans la présentation de ses résultats pour le 3e trimestre 2022, l’entreprise a confirmé le lancement de 5 jeux inédits d’ici 2024. Crédits : Epic Games Store En 2022, le visage de l’industrie vidéoludique a été bouleversé par des rachats […]

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Report: Eidos Montreal is contributing to Xbox’s Fable, as Embracer closes a recently-acquired studio

What you need to know Embracer Group acquired three studios — Crystal Dynamics, Eidos Montreal, and Square Enix Montreal — from Square Enix for $300 million earlier in 2022.  Square Enix Montreal, which was renamed Otomo, is reportedly being shut down.  Eidos Montreal will reportedly be assisting Xbox and Playground Games with the upcoming Fable […]

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Xbox Chaturdays 77: Embracer acquisition spree and PlayStation on Game Pass with Benji-Sales

For episode 77 of Xbox Chaturdays, we’ll be joined once again by video game industry analyst Benji-Sales. We’ll be diving into the NPD results for July 2022, a major PlayStation exclusive heading to Game Pass, updates on Diablo 4’s monetization, Embracer Group’s ongoing acquisition spree, the Disney & Marvel Games Showcase, our final predictions for […]

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Embracer Group acquires The Lord of the Ring IP, Limited Run Games, Tripwire Interactive, and more

What you need to know Embracer Group is a holding company that owns multiple publishers and dozens of game development studios such as Aspyr, Saber Interactive, THQ Nordic, and more.  Embracer Group announced that it is acquiring The Lord of the Rings and The Hobbit IP for an undisclosed amount.  Embracer Group is also acquiring […]

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Embracer acquires Tomb Raider, Deus Ex, and their studios from Square Enix

Update May 2, 2022: The Initiative confirmed that Crystal Dynamics will continue their work on Perfect Dark after the acquisition. We’re excited to see Crystal Dynamics take these next steps with their studio. Our teams have made great progress in building Perfect Dark together as co-development partners, and we will be continuing this work with […]

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