Embracer Group
Take-Two has purchased Gearbox from Embracer Group for US $460 million
Take-Two has officially purchased Gearbox, after months of speculation.
Saber Interactive officially splits from Embracer Group
Saber Interactive is no longer an Embracer Group studio, following a major buyout deal.
Borderlands developer Gearbox reportedly set to leave Embracer Group
The future of Gearbox will reportedly be revealed in March 2024.
Embracer Group reportedly sells Saber Interactive for USD $500 million
Saber Interactive will reportedly become a privately-owned company in future.
Embracer Group cancelled 29 games and laid off 1,387 people in late 2023
The cuts were part of a company-wide restructure program initiated in June 2023.
Gothic studio Piranha Bytes confirms it's in a "difficult situation"
Piranha Bytes is seemingly facing closure as part of Embracer Group's ongoing restructure.
Gearbox studio Lost Boys Interactive impacted by major layoffs
Lost Boys Interactive was founded in 2017, and was later acquired and expanded by Gearbox.
TimeSplitters studio Free Radical reportedly facing closure in December
TimeSplitters studio Free Radical has reportedly been confirmed to be facing imminent closure.
Star Wars: Knights of the Old Republic remake existence in contention
The long-in-development remake may not see the light of day.
Embracer Group has laid off 900 staff since June 2023 – and it's not over yet
Embracer Group began its company-wide restructure in June 2023, following the collapse of a major USD $2 billion deal.