Embracer confirms selling part of
#Saber Interactive to the company's co-founder Matthew Karch (using his company Beacon Interactive).
Direct effects are:
-The retirement of Saber Russia operations.
-Saber will keep studios Nimble Giant (Star Trek Infinite), 3D Realms (Ion Fury), Sandbox Strategies, New World Interactive (Insurgency), Slipgate Ironworks (Graven), Mad Head Games (Scars Above), Fractured Byte (Borderlands Legendary Collection and Digic.
-Embracer will retain Tripwire (Chivalry), Beamdog (Mythforce), Tuxedo Labs (Teardown), Demiurge, Shiver (Lucius), Aspyr (Star Wars Battlefront Classic Collection), Snapshot Games (Phoenix Point) and 34BigtThings (Redout).
-Beacon will look an option to acquire 4A Games (Metro) and Zen Studios (Pinball)
For weeks, it has been suggested that Saber Interactive was the latest of the collateral of Embracer Group failed mid-2023 multi-million gaming project that still to this day, full details haven't emerged of what could have been & that made a dent in all current & future projects.
It is heavily suggested that a joint venture with a gaming company, Embracer and a interest from Saudi Arabia went sour at the very last minute (a day before closure of a financial quarter).
#Gaming #GameNews #youtubegaming 馃暪馃幃
Embracer confirms selling part of #Saber Interactive to the company's co-founder Matthew Karch (using his company Beacon Interactive).
Direct effects are:
-The retirement of Saber Russia operations.
-Saber will keep studios Nimble Giant (Star Trek Infinite), 3D Realms (Ion Fury), Sandbox Strategies, New World Interactive (Insurgency), Slipgate Ironworks (Graven), Mad Head Games (Scars Above), Fractured Byte (Borderlands Legendary Collection and Digic.
-Embracer will retain Tripwire (Chivalry), Beamdog (Mythforce), Tuxedo Labs (Teardown), Demiurge, Shiver (Lucius), Aspyr (Star Wars Battlefront Classic Collection), Snapshot Games (Phoenix Point) and 34BigtThings (Redout).
-Beacon will look an option to acquire 4A Games (Metro) and Zen Studios (Pinball)
For weeks, it has been suggested that Saber Interactive was the latest of the collateral of Embracer Group failed mid-2023 multi-million gaming project that still to this day, full details haven't emerged of what could have been & that made a dent in all current & future projects.
It is heavily suggested that a joint venture with a gaming company, Embracer and a interest from Saudi Arabia went sour at the very last minute (a day before closure of a financial quarter).
#Gaming #GameNews #youtubegaming 馃暪馃幃
