Embracer Group, best described as the Kirby of the games industry, is reportedly looking to sell Borderlands development studio Gearbox.
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According to a Reuters report, Embracer is currently weighing up its options, one of which is a sale of the company. The report states that Embracer has already received interest from several third parties that want to take the team off their hands.
Embracer Group has been in a pickle since they lost a $2 billion deal with Saudi’s Savvy Games Group. Since then, they announced that it would start to close studios and cancel games, and the first victim of that plan was Volition, the long-running studio behind the Saints Row games.
Gearbox’s sale is a perplexing choice as the studio has released quality games in the past few years, including Tiny Tina’s Worderlands and New Tales from the Borderlands, both of which have received decent critical success. They also published the hit looter shooter Remnant 2 this year and are scheduled to launch Homeworld 3 sometime next year.
On the other hand, Embracer’s almost overwhelming acquisition spree over the past few years seems to be coming to a grinding halt. The group has 139 studios, including big names like Crystal Dynamics, THQ Nordic, Dark Horse, Saber Interactive, and more.
Mufaddal Fakhruddin has been writing about games and technology for the past 15 years. He has lost count as to how many reviews he has written over the years, but he is sure headphone reviews make up at least 70% of that.