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Embracer Group Reportedly Wanting To Promote Borderlands Dev Gearbox Entertainment

by Ethan Marley
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Borderlands
Image: Gearbox

Embracer Group is reportedly weighing up choices on what to do with Borderlands developer Gearbox Entertainment, together with promoting the US-based studio, a report from Reuters claims.

Published earlier at the moment, the report states that three folks aware of the scenario have instructed Reuters {that a} sale is on the desk as Embracer Group “seems to shore up its funds”. Gearbox market supplies are already reportedly out there to view to potential patrons.

Two of Reuters’ sources declare that it is primarily worldwide gaming teams which have expressed curiosity however have additionally cautioned {that a} deal could not even occur. Representatives from Embracer Group and Goldman Sachs — the corporate working with the studio to discover a possible sale — have declined to remark to Reuters, with Aream & Co (an funding financial institution additionally concerned within the deal) not responding to the request.

Embracer acquired Borderlands studio Gearbox Entertainment again in February 2021 for a staggering $1.35 billion, however the firm has continued to usher in different builders, together with Crystal Dynamics, Square Enix Montréal, and Eidos-Montréal.

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