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Mar 28, 2024 · March 28, 2024 4:11am. 'Borderlands' Courtesy of Gearbox. Video game publisher Take-Two Interactive Software said on Thursday that it has struck a definitive agreement with Embracer Group to...
Sep 11, 2023 · Embracer Group, the Swedish gaming conglomerate that owns Gearbox, is looking at its options for the studio, Reuters said. The company is restructuring after a failed $2 billion deal with Savvy Games Group and has laid off employees from several studios.
Take-Two Interactive Software, Inc. to Acquire The Gearbox Entertainment Company Inc., Developer of Highly Successful Borderlands Franchise. Download PDF. Transaction valued at $460 million; expected to close in the first quarter of Take-Two’s Fiscal Year 2025. Expands 2K’s internal development team with proven industry-leading talent.
Mar 28, 2024 · News. Embracer has sold Gearbox — and Borderlands — to Take-Two for $460M. Gearbox Publishing also confirmed layoffs. By Oli Welsh and Nicole Carpenter Updated Mar 28, 2024, 3:29pm EDT. Image:...
Mar 28, 2024 · Embracer is selling the company at a significant loss after buying Gearbox for $1.3 billion in 2021, with Take-Two only paying $460 million to bring the Texas-based company into the fold.
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Mar 28, 2024 · Updated: Mar 28, 2024 2:07 pm. Posted: Mar 27, 2024 9:24 pm. Embracer Group has officially divested Gearbox Entertainment, selling the division to Take-Two Interactive for $460 million. In a...
Mar 28, 2024 · Take-Two Interactive Software will acquire The Gearbox Entertainment Company from Embracer Group in a $460 million deal, the companies announced ( 2 ). Under Take-Two Interactive Software,...
