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Borderlands Studio Gearbox Will Announce New IP And More Now That It’s Owned By Embracer – GameSpot

Embracer’s $1.3 billion deal to buy Gearbox has officially closed, starting a new chapter in the Texas studio’s history.

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One of the biggest game development studios in Texas, Borderlands developer Gearbox Entertainment, is now an official subsidiary of the Embracer Group. The previously announced sale, which is valued at up to $1.3 billion, has officially closed, the two companies said in a news release on Tuesday.
Gearbox is just the latest high-profile studio that Embracer has acquired in recent years, joining the likes of Valheim publisher Coffee Stain and Saints Row studio Deep Silver, among others. Embracer also…

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