• 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
  • While nothing is official and as of the posting of this is just a STRONG RUMOR, Embracer Group might be listening to offers by partners to sell off #GearboxSoftware.

    Embracer has been on a financial bleed after a failed multi-billion deal went off rails.

    #Gaming #GamingNews
    While nothing is official and as of the posting of this is just a STRONG RUMOR, Embracer Group might be listening to offers by partners to sell off #GearboxSoftware. Embracer has been on a financial bleed after a failed multi-billion deal went off rails. #Gaming #GamingNews
  • A day after it was confirmed that Saint Rows remake will headline PS Plus Essential offering, #VolitionGames confirmed that it will close its doors as part of parent company Embracer Group restructuring.

    Some are not surprised due to the game's performance.

    #Gaming #GamingNews
    A day after it was confirmed that Saint Rows remake will headline PS Plus Essential offering, #VolitionGames confirmed that it will close its doors as part of parent company Embracer Group restructuring. Some are not surprised due to the game's performance. #Gaming #GamingNews
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