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Report: Embracer considering Gearbox sale

Report: Embracer considering Gearbox sale

Sweden's Embracer Group is reportedly considering what to do with Gearbox Entertainment.

That's according to Reuters, which reports that the company might even be open to selling the Borderlands maker. This is part of Embracer's restructuring effort in the wake of a $2 billion deal falling apart. That affected the company's finances so much that it has said that it might have to lay people off, close studios and cut projects.

Embracer bought Gearbox back in 2021 in a deal worth $1.3 billion. At the time, the developer's boss Randy Pitchford said that the acquisition was a "rocket booster for [the company's] ambitions".

Apparently, there are a few companies that have expressed interest in buying the Borderlands maker from the Swedish games firm.

PCGamesInsider.biz has reached out to Embracer for comment.

This comes in the wake of Embracer closing down Plaion's Volition and making reported layoffs at Gearbox's Publishing arm.


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PCGamesInsider Contributing Editor

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 PCGamesInsider.biz. 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 GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.