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GamesRadar
GamesRadar
Technology
Austin Wood

Borderlands studio Gearbox reportedly being sold off once again as Embracer continues its $2 billion tailspin

Borderlands.

Gearbox may be the next to escape Embracer Group as the massive company continues to hemorrhage staff and studios as part of a restructuring effort sparked by a $2 billion deal that fell through last year. 

Kotaku reports that Gearbox is close to signing a deal with an unspecified buyer, just three years after Embracer snapped up the Borderlands studio to the tune of $1.3 billion. CEO Randy Pitchford reportedly told employees that the company could either stay with Embracer, sell to another company, or return to independence; as of a meeting held this week, option two is reportedly approaching the final stages. Its new soon-to-be owner is unclear for the time being. 

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