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
Source: gamingbolt.com
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Embracer Group sells Borderlands creator Gearbox to Take Two for 460 million
Embracer has divested itself of Gearbox, losing multiple studios and IP for a hefty sum in Take Two shares.
Source: vg247.com
Take-Two Interactive Software, Inc. to Acquire The Gearbox Entertainment Company Inc., Developer of Highly Successful Borderlands Franchise
Transaction valued at $460 million; expected to close in the first quarter of Take-Two’s Fiscal Year 2025 Expands 2K’s internal development team with proven industry-leading talent Gearbox...
Source: marketscreener.com
Embracer Group divests Gearbox Entertainment for a consideration of USD 460 million to Take-Two Interactive Software, Inc.
INSIDE INFORMATION: Embracer Group has today entered into an agreement to divest Gearbox Entertainment, for a consideration of USD 460 million to Take-Two Interactive Software, Inc. . The proceeds...
Source: marketscreener.com
Take-Two acquires Borderlands developer Gearbox Entertainment from the Embracer Group for $460M in stock; the deal is expected to close by the end of June 2024
Embracer Group has officially divested Gearbox Entertainment, selling the division to Take-Two Interactive for $460 million. In a press release, Embracer…
Source: biztoc.com