Take-Two acquires Borderlands studio Gearbox from Embracer for $460m
Embracer has entered an agreement to sell Gearbox Interactive to Take-Two for $460m.
Source: eurogamer.net
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Embracer sells Borderlands studio Gearbox for $460 million after acquiring it for $1.3 billion just 3 years ago
Embracer Group has sold Borderlands developer Gearbox for $460 million USD, after acquiring the developer for roughly $1.3 billion just over three years ago.Earlier today, Embracer Group announced it
Source: gamesradar.com
Embracer sells Borderlands maker Gearbox to Take-Two Interactive for $460 million
Take-Two will become the proud owner of major Gearbox studios and franchises including Borderlands, Tiny Tina's Wonderlands, and Homeworld.
Source: gamedeveloper.com
Embracer Group is selling Borderlands studio Gearbox Entertainment in $460M deal
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.
Source: kitguru.net
Borderlands studio Gearbox sold to Take-Two by Embracer for $460M
Gaming conglomerate Embracer Group continues restructuring by selling Randy Pitchford’s studios and the Borderlands franchise to its publisher 2K Games
Source: polygon.com