borderlands

Take-Two Buys Gearbox Entertainment From Embracer For $460 Million

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[ Video game publisher Take-Two Interactive Software has acquired Gearbox Entertainment, the company behind the Borderlands franchise, for $460 million in an all-stock deal with Embracer, the latest big deal in the video game business. The deal comes as Lionsgate is releasing Eli Roth’s theatrical adaptation of Borderlands in August. Take-Two said it expects the transaction … Read more

Borderlands dev sold by Embracer Group, but there’s a catch

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[ 2K Embracer Group finally confirmed that it is selling Borderlands studio Gearbox Entertainment to Take-Two Interactive, but there’s a catch: Embracer Group will retain ownership of Gearbox Publishing. Embracer Group acquired Gearbox Entertainment in 2021 but is now offloading much of it as part of a restructuring plan meant to recoup money after a … Read more