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Take-Two Interactive Acquires Gearbox Software from Embracer for $460 Million

The publisher will own the Borderlands, Tiny Tina s Wonderlands, Homeworld, Risk of Rain, Duke Nukem and Brothers in Arms series.

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

Embracer sells Borderlands maker Gearbox to Take-Two Interactive for $460 million

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.

Embracer sell Borderlands devs Gearbox to Rockstar parent Take-Two for $460 million in shares

Embracer sell Borderlands devs Gearbox to Rockstar parent Take-Two for $460 million in shares
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