Private Division's entire IP library is included in the deal.
Embracer Group's latest financial reports have revealed significant cuts to its workforce.
Wingefors has spoken openly about his role at Embracer Group, following the public announcement of the company's split.
Ascendant Studios' future remains unclear after a reported staff furlough.
"Just over a dozen" Surgent Studios employees are now out of work.
Gearbox has confirmed a round of layoffs took place directly following the studio's sale to Take-Two.
Take-Two will reduce its workforce by around 600 employees, to save around USD $165 million annually.
Square Enix Europe and US are set to be restructured in the coming months.
Possibility Space has closed before releasing its debut game.
Intel aims to deliver USD $10 billion in cost-saving by 2025, and it's taking extreme measures to do it.
The Until Dawn remake isn't scheduled to launch until October 2024.
Riot co-founder Marc Merill stated it's not about saving money, but ensuring the "right expertise" is secured.
