Take-Two Interactive has purchased Gearbox Entertainment from Embracer Group, in a deal worth $460 million USD.
Tag - Embracer Group
Following rumours of the transaction, Embracer Group has today confirmed it has sold large portions of Saber Interactive, effectively ceasing all operations in...
Current financial woes at Embracer Group mean a lot of change is reportedly on the way. Reports today suggest that both Gearbox and Saber Interactive are about...
Eidos-Montreal has laid off close to 100 staff at the same time it's been announced that a new game in the Deus Ex franchise has been cancelled.
More layoffs are impacting the games industry, this time at Lost Boys Interactive, a developer owned by Gearbox (itself owned by Embracer).
A new wave of pre-holidays layoffs has hit the games industry, with staff at Codemasters, Tinybuild, and Embracer Groups's Saber Interactive's New World...
Embracer has confirmed it has laid off 900 employees in the last financial quarter.
Embracer Group is reportedly considering the sale of Borderlands' Gearbox in order to sort rising financial problems, a report from Reuters states.
Embracer Group will restructure its business with layoffs, game cancellations, and studio sales and closures, it's recently announced.
Amazon is having another crack at a Lord of the Rings MMO, this time from the same team behind its current MMO, New World.
Tomb Raider Reloaded is now available on iOS and Android devices, CDE, Embracer Group and Emerald City Games have announced.
Saints Row developer Volition has been absorbed into Borderlands' Gearbox, Embracer Group has announced.
A new Deus Ex game is reportedly in development at Eidos Montreal, a newly acquired studio of Embracer Group.
Embracer Group has shut down Square Enix Montreal, now known as Onoma, just months after its acquisition of the studio.
Embracer Group has acquired the rights to a number of properties today including the IP rights to Lord of the Rings, Killing Floor's Tripwire Interactive, and...
A new report suggests that Aspyr's Star Wars KOTOR remake has been delayed indefinitely.
The Embracer Game Archive has been established in Sweden, with Embracer Group tasking the centre with the Herculean effort of gathering "all physical video...
Embracer Group has detailed its plans for a number of former Square Enix IPs including Tomb Raider, Deus Ex and Thief, saying it sees potential in "remakes...
Stevivor’s Ben Salter and Steve Wright are back for Friendly Fire Show episode 198!
Despite selling off a bulk of its western development studios, Square Enix says it will keep western IP including Just Cause, Life is Strange and Outriders.