Saber Interactive breaks away from Embracer in $500M deal; Gearbox sale rumored close

Saber Interactive is set to regain independence from Embracer Group after a private investor group agreed to purchase the developer for $500 million. This deal enables Saber Interactive to maintain its workforce of approximately 3,500 employees and continue its work on forthcoming projects like the Star Wars: The Knights of the Old Republic remake, Expeditions: A Mudrunner Game, John Carpenter's Toxic Commando, and Warhammer 40,000: Space Marine 2. Additionally, there are talks about Gearbox Software being sold, a potential transaction that is reportedly in the final stages. Notably, Embracer Group has been involved in a significant restructuring process, which has included layoffs, closing of studios, and project cancellations, due to a failed investment deal.

Following its acquisition by a private investor group, Saber Interactive will continue its development of the Star Wars: The Knights of the Old Republic remake, and it's also set to release Expeditions: A Mudrunner Game, John Carpenter's Toxic Commando, and Warhammer 40,000: Space Marine 2.

Background Information: Saber Interactive is a game development studio known for titles like World War Z and the NBA Playgrounds series. It was originally purchased by Embracer Group in 2020. Gearbox Software is known for their hit series, Borderlands, though Embracer's potential sale only includes the studio, not the Borderlands IP itself. Embracer Group, previously known as THQ Nordic before rebranding, has been known for acquiring various gaming companies and intellectual properties, including those from the defunct THQ.