News

Borderlands Studio Gearbox Rumoured To Be Sold By Embracer Group

The studio behind the Borderlands series, Gearbox Entertainment is reportedly going up for sale from Parent Group Embracer just a few weeks after the company shut down Saints Row developers Volition.

Embracer To Sell Gearbox

As reported by PCGamer, Embracer group may be looking to sell Gearbox Entertainment to which is expected to help recoup the costs of a $2 Billion deal that fell through back in May with an unamed company. Embracer Group originally acquired Gearbox in 2021 and only two years later is looking to sell the company, and fortunately not closing the company. Gearbox was acquired for $1.3 billion and Embracer likely hopes to resell for that value to another developer who can hopefully keep the Borderlands series rolling on.

Currently most of this information is just a rumour and stems from an email that was sent to Staff Monday morning as reported by Bloomberg.

Jakob Aylesbury

Disqus Comments Loading...

Recent Posts

AMD Launches Ryzen 7 8745H Without AI Processor

AMD has launched (thanks Wccftech) its new Ryzen 7 8745H APU, a part of the…

6 hours ago

MSI to Release New BIOS to Fix Intel Core 13th and 14th Gen CPU Instability

MSI has announced a new BIOS update in mid-August to address stability issues with Intel’s…

6 hours ago

200+ PC Models Compromised Due to Weak BIOS Passwords

Many PC models from top brands have faced security breaches due to a weak BIOS…

6 hours ago

One Piece Odyssey Sets Sail On Nintendo Switch Today!

Ahoy, Straw Hat fans! The wait is finally over. The beloved RPG adventure, ONE PIECE…

10 hours ago

Görvitor Dimmable Wireless Touch Lamps

【Wireless & 1800mAh Battery Operated】Touch lamps bedside use a rechargeable large capacity battery of 1800mAh,…

11 hours ago

Lepro GU10 LED Bulbs

Click to open expanded view F Energy efficiency label  Product Sheet Lepro GU10 LED Bulbs, Warm White…

12 hours ago