Remnant Publishing Rights, Lost Boys Interactive, Cryptic Studios, and More to Remain with Embracer
Following Gearbox's sale to Take-Two, these studios will be
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Following Gearbox's sale to Take-Two, these studios will be
Gearbox is leaving Embracer, as their parent company has announced they will divest most of the company to Take-Two Interactive.
Take-Two will become the proud owner of major Gearbox studios and franchises including Borderlands, Tiny Tina's Wonderlands, and Homeworld.
Embracer Group has been undergoing a cost-cutting initiative over the past year, leading to several studio closures and layoffs. Other major companies under the Embracer banner have instead been sold. Earlier this month we saw Saber Interactive split off from its former parent company. Now, Gearbox Entertainment has also been sold.
The Borderlands developer has been freed from Embracer.