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
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.
Embracer sell Borderlands devs Gearbox to Rockstar parent Take-Two for $460 million in shares rockpapershotgun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rockpapershotgun.com Daily Mail and Mail on Sunday newspapers.