Gearbox, the U.S. recreation firm behind the Borderlands collection, is reportedly up on the market.
Reuters experiences Gearbox guardian firm Embracer is weighing up its choices, considered one of which is a sale. Apparently Embracer has acquired curiosity from plenty of third-parties. Neither Embracer nor Gearbox have issued remark.
Embattled Embracer is at present present process a big restructuring that has already seen the closure of Volition, the long-running studio behind the Saints Row collection.
Earlier this yr, Embracer introduced it will begin to shut studios and cancel video games as a $2 billion deal reportedly with Saudi authorities funded firm Savvy Games Group fell by on the final second.
Embracer Group had been on an acquisition spree over the previous few years, together with snapping up Tomb Raider developer Crystal Dynamics and Gearbox, amongst many others. The February 2021 deal to accumulate Gearbox valued the corporate at as much as $1.4 billion. Borderlands spin-offs Tiny Tina’s Wonderlands and New Tales from the Borderlands each got here out final yr. Gearbox printed hit looter shooter Remnant 2 this yr, and is all the way down to publish Blackbird Interacrtive’s sci-fi real-time technique recreation Homeworld 3 in some unspecified time in the future in 2024. Eli Roth’s Borderlands movie heads to theaters summer time 2024.
Wesley is the UK News Editor for IGN. Find him on Twitter at @wyp100. You can attain Wesley at [email protected] or confidentially at [email protected].
