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Mar 28, 2024 · In a press release published on Thursday, Embracer announced that Take-Two will acquire full ownership over the Borderlands (including Tiny Tina’s Wonderlands), Homeworld, Risk of Rain,...
Mar 28, 2024 · Embracer Group has officially divested Gearbox Entertainment, selling the division to Take-Two Interactive for $460 million. In a press release, Embracer shared that it is divesting Gearbox ...
- Rebekah Valentine
Feb 3, 2021 · Post-closing, Gearbox will become a seventh operating group as a wholly own subsidiary of Embracer. Gearbox Founder and CEO Randy Pitchford will continue to lead Gearbox, and Randy Pitchford and the employees of Gearbox will jointly become a significant shareholder in Embracer.
Mar 28, 2024 · INSIDE INFORMATION: Embracer Group has today entered into an agreement to divest Gearbox Entertainment, for a consideration of USD 460 million (SEK 4.9 billion) to Take-Two Interactive Software, Inc. (“Take-Two”).
Mar 28, 2024 · Take-Two Interactive has acquired Gearbox Entertainment, the company behind the Borderlands franchise, for $460 million from Embracer Group.
Feb 3, 2021 · Embracer’s acquisition of Gearbox — namely, the Gearbox Entertainment Company, which encompasses Gearbox Software and Gearbox Publishing — is worth $1.378 billion, according to a news...
Mar 28, 2024 · Take-Two will acquire developer Gearbox from Embracer for $460 million. The deal for the studio, which operates out of three offices in the US and Canada, is expected to complete in June.
