Gearbox acquires developer Lost Boys

Gearbox acquires developer Lost Boys

Games firm Gearbox has snapped up developer Lost Boys Interactive.

No figure has been placed on the deal, which sees the studio becoming part of the Borderlands giant. Lost Boys has previously contributed to the likes of Call of Duty and Playerunknown's Battlegrounds, as well as Gearbox's Tiny Tina's Wonderlands.

Lost Boys was founded back in 2017 and has offices in both Madison, Wisconsin and Austin, Texas.

"We founded Lost Boys with a dream to work on products that would be globally recognized and loved," Lost Boys CEO and co-founder Shaun Nivens said. "We're incredibly excited to join Gearbox and continue doing what we do best -- making amazing games that entertain and inspire others."

Gearbox founder Randy Pitchford added: “Lost Boys is an incredible studio with industry-leading talent that continue to push the bar higher for what gamers expect from their favourite franchise.

“I am excited for Chase, Rod, Shaun, Mark and my old friend Tim, along with all of the incredible talent at Lost Boys, to have an immediate and positive impact on the games secretly in development at Gearbox Software. I am also eager to empower this amazing team to provide their world-class development services to partners and allies throughout the larger game industry.”

Gearbox itself was acquired by Embracer Group in a deal worth $1.3 billion in 2021.

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Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he joined Steel Media as the editor for new site In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for, VGC, Games London, The Observer/Guardian and Esquire UK.