Borderlands Studio Gearbox Software Could Be the Next to Leave the Clutches of Embracer Group as Part of a New Sell-Off Deal

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Image: Gearbox Software

Borderlands Studio Gearbox Software is reportedly working on a deal that could see it sold off to another company. News comes from Kotaku who reached out to Gearbox CEO Randy Pitchford, and Embracer Group, following ongoing rumors that the latter might need to sell off the Borderlands studio in the wake of its ongoing financial struggles. While representatives from Embracer Group have yet to respond to Kotaku it was just this week that Mr. Pitchford held a town hall with his staff promising a forthcoming update on the situation and that a decision has been made regarding the studio’s future. Meanwhile, Mr. Pitchford caught word of Kotaku’s coverage and provided the following statement.

Per Kotaku:

“I’m delighted that what we might be up to is interesting enough to people that you want to make a story about us for your readers. I’m honored and humbled that our company is a topic of rumor, speculation, and discussion. As always, we will be thrilled to share whenever we have projects to announce or news to share as we work hard towards our mission to entertain the world.”

If true, Gearbox’s departure from Embracer Group would mark the 2nd in as many days to be announced. It was only just revealed a couple of days ago that Saber Interactive had been purchased from EG by a group of private investors in a deal said to be worth $500 million. Embracer Group’s overextending moves to assimilate the gaming industry could be nearing an end, and perhaps its seemingly never-ending layoff announcements as well. As far as Gearbox is concerned it appears that regardless of the details of what may be in the works, brighter and better days could be ahead given this news, and the recent movie trailer reveal, along with the announcement of its Borderlands Universe plans.

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Peter Brosdahl
As a child of the 70’s I was part of the many who became enthralled by the video arcade invasion of the 1980’s. Saving money from various odd jobs I purchased my first computer from a friend of my dad, a used Atari 400, around 1982. Eventually it would end up being a lifelong passion of upgrading and modifying equipment that, of course, led into a career in IT support.

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