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Embracer is selling Borderlands developer Gearbox to Take-Two
2K will now lead two in-development Borderlands projects.
Swedish gaming conglomerate Embracer Group has entered an agreement to sell Gearbox Interactive to Rockstar parent company Take-Two for $460 million. In a press release published on Thursday, Embracer announced that Take-Two will acquire full ownership over the Borderlands(including Tiny Tina’s Wonderlands), Homeworld, Risk of Rain, Brothers in Arms, and Duke Nukem franchises in the deal, which is expected to be finalized by June 2024. “We are thrilled to welcome Randy Pitchford and his team of passionate, talented developers to 2K and we look forward to releasing numerous projects in the future as colleagues,” said 2K president David Ismailer.
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