Borderlands creators INDIAN will split from Embracer

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Hug group they have to cut expenses and pay off their loans. As part of the restructuring, there are not only cancellations of projects (at least 26 of them were thrown into the trash), layoffs and closure of studios, but also sales. Thanks to a group of private investors, it was to become independent for $500 million. Saber Interactive. Now the same thing may be awaiting Gearbox.

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He bought a Swedish media holding Transmission software in 2021 for $1.3 billion. According to unverified information, he has been looking for a buyer since last year. Gearbox co-founder and CEO Randy Pitchford was scheduled to address employees earlier this week to let them know that a decision had been made about the studio’s future. He will reveal the exact plans later this month.

Pitchford had long discussed three possible scenarios in meetings: staying with Embracer, selling the company to someone else, or financing a buyout and becoming an independent developer. According to Kotaku’s sources, the decision to sell has been made and a deal with another company is being finalized.

Given the uncertain future and layoffs, there have been development changes. The development of new interesting projects and brands was supposed to be postponed. At Gearbox they should focus on continuation of Borderlands 3 And Tiny Tina’s Wonderland 2 it should go through a soft reboot.

Who can buy a Gearbox? Regarding cooperation with 2K games (publisher of Borderlands and Tiny Tina’s Wonderlands) is offered to owners of Grand Theft Auto, Mafia, Civilization or BioShock games.

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Source :Indian TV

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