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Technology

Samuel Tolbert

Embracer Group sells Borderlands developer Gearbox to Take-Two Interactive for $460 million

Embracer Group Gearbox Embracer Gearbox Software TakeTwo Interactive 2K Games Saber Interactive Xbox

Borderlands 3 Vault Hunters.

What you need to know

Embracer Group purchased Gearbox Software for $1.3 billion back in 2021.
Embracer Group is now selling most of Gearbox to Take-Two Interactive, parent company of 2K Games, for $460 million.
Gearbox Software retains the rights to the Borderlands, Homeworld, and Risk of Rain franchises.
Embracer Group is retaining the publishing rights to the Remnant franchise, as well as support studio Lost Boys Interactive.

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