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Embracer Sells Gearbox For Less Than Half What It Paid For It

Take-Two Acquires Borderlands Developer Gearbox from Embracer for $460 Million

Take-Two Interactive Software announced it acquiring The Gearbox Entertainment Company from Embracer Group for $460 million.Gearbox will operate [.]

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Take-Two buys Gearbox from Embracer Group for $460 million

Take-Two said Gearbox currently has half a dozen projects in various stages of development including five sequels (two of which are from Borderlands and Homeworld) and one.

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Embracer Group reveals it will keep certain assets and games from its Gearbox sale

While Embracer Group has sold the majority of its previous studios and games from Gearbox Entertainment to Take-Two Interactive, it revealed today it has kept a few studios and games for itself.

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Take-Two Purchases Gearbox Entertainment From Embracer For $460 Million

Embracer Group has divested Gearbox Entertainment from its stable of video game studios, with Take-Two Interactive purchasing the company for $460 million.

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