Embracer is reportedly going to sell Saber Interactive to “private investors” – WGB

by shopidea.net
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According to a report from Bloomberg, Jason Schreier reports that Embracer Group is looking to sell Saber Interactive as part of an ongoing restructuring to save the slowly sinking company. Embracer has closed multiple studios and laid off more than 1,000 people.

According to Schreier, Saber Interactive will be sold for $500 million, including options for multiple subsidiaries. Saber currently owns 25 studios, including his 4A, the developer of Metro games, and Aspyr, which was acquired by Embracer and is now part of Saber.

In his report, Schreier did not say who might buy Saber, only that they were “private investors.” But he did say that Saber will continue to work on the remake of Star Wars: The Knights of the Old Republic, so that’s great.

Saber Interactive was acquired by Embracer in February 2020 in a deal worth $525 million. Under Embracer, Saber would also go on an acquisition spree, acquiring a number of studios including 4BigThings, Mad Head Games, Nimble Giant Entertainment, Snapshot Games, Aspyr, 3D Realms, and Zen Studios.

Saber Interactive has a pretty busy release schedule coming up. His next match is his March 5th Expeditions: A Mudrunner Game. Space Marine 2, Jurassic Park: Survival, Heading Out, and John Carpenter’s Toxic Commando are all scheduled for release in 2024.

There are also reports that Embracer, the studio behind Borderlands, is in the final stages of selling Gearbox.

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