Embracer Group has officially sold off Saber Interactive to Beacon Interactive, a company controlled by Saber Interactive co-founder Matthew Karch, for $247 million USD, according to a new presentation with Embracer CEO Lars Wingefors that is now viewable online. Embracer is also ceasing all operations in Russia as part of the divestment, while the Star Wars: Knights of the Old Republic remake, which remains in development at developer Saber Interactive, is reportedly no longer Embracer’s concern.
Embracer is losing:
- Saber Interactive
- Nimble Giant Entertainment
- 3D Realms
- Sandbox Strategies
- New World Interactive
- Slipgate Ironworks
- Mad Head Games
- Fractured Byte
- Digic
Embracer is keeping:
- Zen Studios
- 4A Games
- Tripwire Interactive
- Beamdog
- Tuxedo Labs
- Demiurge Studios
- Shiver Entertainment
- Aspyr
- Snapshot Games
- 34BigThings
Key slides:
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Discussion (1 reply)
Join Discussion →What's interesting is I don't see DECA games, which is where they moved Star Trek Online. Based on their earnings calls its still a solid earner. It was operating under Cryptic but has now been moved to DECA and Cryptic is effectively being shut down.
Discussion (1 reply)
Join Discussion →What's interesting is I don't see DECA games, which is where they moved Star Trek Online. Based on their earnings calls its still a solid earner. It was operating under Cryptic but has now been moved to DECA and Cryptic is effectively being shut down.