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'Tomb Raider' owner Embracer splits into three companies

Sweden's Embracer, owner of the "Tomb Raider" franchise, announced Monday it would split into three separate companies in a major reset for one of Europe's biggest video game groups.The group will replace Embracer as the main entity on the Stockholm stock exchange and manage the intellectual property rights Embracer has for "The Lord of the Rings" and the "Tomb Raider" games.

Montreal , Quebec , Canada , Sweden , Stockholm , Lars-wingefors , Kicki-wallje-lund , Crystal-dynamics , Asmodee-group , Enterprises-friend , Enterprises-friends , Middle-earth-enterprises

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.

Quebec , Canada , Saudi-arabia , San-francisco , California , United-states , Randy-pitchford , Duke-nukem , Company-of-heroes , Embracer-group , Gearbox-software , Two-interactive

Sources: Borderlands Maker Gearbox Is Close To A Sale

Gearbox is leaving the Embracer fallout behind as devs wait for a answers on what’s next

Saudi-arabia , Texas , United-states , Sweden , Swedish , Dan-hewitt , Randy-pitchford , Lars-wingefors , Bloomberg , Developers-at-gearbox , Microsoft , Reuters

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.

Saudi-arabia , Washington , United-states , Saudi , Randy-pitchford , Jamal-khashoggi , Saber-interactive , Aspyr , Lucasfilm , Bloomberg , Embracer-group , Crystal-dynamics

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.

Saudi-arabia , Sweden , Montreal , Quebec , Canada , Saudi , Swedish , Embracer-group , Bloomberg , Games-group , Savvy-games-group

TimeSplitters Dev Free Radical Has Shut Down As Staff Share "Last Day" Messages

"It's sad to say goodbye like this" - Without even an official announcement, it looks like Embracer Group has shut down UK...

United-kingdom , Nottingham , Adam-kiraly , Mark-normington , Alex-tang , Free-radical-design , Eidos-interactive , Linkedin , Twitter , Company-not-found , Embracer-group , Crystal-dynamics

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.

Lars-wingefors , Embracer-group , Free-radical-design , Free-radical , Saints-row , News , Mbracer , Aming , Imesplitters , Mbracer-group , Hq-nordic ,

Fishlabs Downsizes as Part of Embracer Group's Restructuring Program

Fishlabs Downsizes as Part of Embracer Group's Restructuring Program
webwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from webwire.com Daily Mail and Mail on Sunday newspapers.

Switzerland , Warsaw , L67- , Poland , Netherlands , Germany , Hamburg , United-states , Munich , Bayern , Spain , Olomouc

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.

United-kingdom , Nottingham , David-doak , Lars-wingefors , Steve-ellis , Linkedin , Free-radical-design , Embracer-group , Radical-design , Under-united-kingdom , Free-radical , Deep-silver

Kotaku's Opinions For The Week November 18, 2023

We’ve always got an opinion on the world of video games.

Sweden , Swedish , Atlus-kotaku , Activision-kotaku , Drobot-shutterstock , Lars-wingefors , Geoff-keighley , Gamers , Crash-team-rumble , Activision , Kevin-winter , Getty-images