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Embracer Group acquires Borderlands maker Gearbox Entertainment for $1.3 billion – VentureBeat
Borderlands maker Gearbox Entertainment said it is being acquired by the Embracer Group for up to $1.3 billion.
Borderlands maker Gearbox Entertainment said it is being acquired by the Embracer Group for up to $1.3 billion.
Frisco, Texas-based Gearbox will become a wholly-owned subsidiary of the Karlstad, Sweden-based company. The transaction gives Gearbox access to new capital to help it make more games and become a significant part of the Embracer Group, which has 5,500 employees around the world.
Now it is adding Gearboxs team of 550 in Frisco, Texas, and Quebec City, Canada, to its roster. Gearbox will…
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