Comment on Embracer Group lets go of Borderlands maker for $460M after three years

Embracer Group lets go of Borderlands maker for $460M after three years

Enlarge / Claptrap keeps finding himself in wild new places. Now he's heading from Sweden's Embracer Group to New York City's Take-Two Interactive. Okay, maybe not that wild. (credit: Gearbox Interactive) Embracer Group has been backing away from its all-encompassing position in the games industry lately. The latest divestment is Gearbox Entertainment, the studio behind the Borderlands series it bought in early 2021 for a deal that could have been worth up to $1.37 billion to Gearbox had it stayed inside the Swedish conglomerate's grasp. The buyer is Take-Two Interactive Software, which had previously partnered with Gearbox on publishing Borderlands and other titles.

 

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