Embracer Reportedly Set To Promote Star Wars: KOTOR Remake Dev Saber Interactive In $500 Million Deal

Embracer Group, the corporate behind <a href=” closure of Saints Row studio Volition Video games</a> and layoffs at firms like <a href=” <a href=” Forest Video games</a>, is about to promote <a href=” Wars: Knights of the Previous Republic remake</a> developer Saber Interactive, in response to a brand new <a href=” Embracer is promoting the developer to a gaggle of personal traders in a deal price $500 million, a supply instructed the publication. 

As soon as the deal goes via, Saber Interactive shall be a privately owned firm and free from Embracer, which is behind layoffs unfold all through the previous couple of years. Following the transaction, the studio will proceed work on its Star Wars: Knights of the Previous Republic remake, which it took over because the developer after Aspyr Media was faraway from it in 2022.

Bloomberg studies this sale is one other effort of Embracer to chop prices alongside studio closures and layoffs after a deliberate $2 billion take care of Saudi Arabia-backed Savvy Video games Group fell via in 2023. The publication writes considered one of its sources says the $500 million deal comes with the choice for Saber Interactive to deliver with it a number of Embracer subsidiaries as effectively.

Saber Interactive can also be engaged on the just lately introduced first-person Jurassic Park: Survival.

[Source: Bloomberg]

Supply: Sport Informer

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