The embrace of Embracer Group ends with Take-Two Interactive: like a bolt from the blue, Gearbox Entertainment has a new home
There have been months of rumors about buyers who Embracer Group was looking for Gearbox Entertainmentand now the development team has a new direction to move towards: that of Take-Two Interactive. To be able to get involved in the studio that gave birth to Borderlands and he tore Duke Nukem Forever at development hell, Strauss Zelnick's company shelled out 460 million dollars. Just three years ago, Embracer Group spent 1.3 billion on the development team, provided it reached unspecified milestones against a down payment of 363 million. Now, as reported by Brian Crescent on Twitter, the second acquisition in the space of four years is through a colossal stock purchase.
”My primary interest is always Gearbox, including our talent and our customers. I want to personally ensure fans of our games that this arrangement will ensure that the experiences we have in development at Gearbox will be the best it can possibly be,” Randy Pitchford, founder
— Brian Crescent (@crecenteb) March 28, 2024
Gearbox Entertainment passa a Take-Two Interactive: i dettagli
Take-Two Interactive's acquisition of Gearbox Entertainment includes the divisions in Texas, a Montreal e in Quebec. Le IP interested include, as already mentioned, Duke Nukem and Borderlands, but also the spinoff Tiny Tina's Wonderlands, as well as Risk of Rain and Brothers in Arms. The San Francisco wing dedicated to publishing (Remainder 2) remains independent, and still holds the rights to the release of Hyper Light Breaker. On the other hand, development teams acquired by Embracer via Gearbox, such as Cryptic Studios, Lost Boys Interactive e Captured Dimensions they will now be employed by Take-Two, which will manage everything through 2K. The founder of the development team Randy Pitchford approves the synergy and promises unchanged quality in the upcoming titles.
Lars Wingefors of Embracer defends the sale in order to minimize risks in favor of profit: who do you think gained? Let us know below, and as always don't forget to stay on techgameworld.com for all the most important news for gamers and beyond. For your purely gaming needs, you can instead find the best discounts in digital format on Instant Gaming.