Gearbox Entertainment has a new owner as Embracer Group is selling the studio to Take-Two Interactive for $460 Million. The $460 million will be paid out, in full, as newly issued Take-Two shares. As part of the sale, Take-Two will receive Gearbox Software, Gearbox Montreal, and Gearbox Studio Quebec. From a games standpoint, the company […]

On Monday, a new report surfaced claiming that Embracer Group was looking into selling Gearbox Entertainment, the team behind the Borderlands franchise. Bloomberg has an update on a potential sale that comes from inside Gearbox Entertainment itself. In an email seen by Jason Schreier at Bloomberg, Gearbox chief communications officer Dan Hewitt addressed the rumors […]

A new report from Reuters claims that Embracer Group is considering selling Borderlands Developer Gearbox Entertainment. Sources told Reuters that Embracer is considering options for its U.S. game developer Gearbox Entertainment including a sale as Europe’s largest gaming company looks to shore up its finances. “ “Embracer is weighing selling the unit, which is known […]