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Take-Two acquires Borderlands studio Gearbox from Embracer for $460m
Embracer has entered an agreement to sell Gearbox Interactive to Take-Two for $460m.
When this transaction is complete, Take-Two will acquire the Borderlands and Tiny Tina's Wonderlands franchises, as well as Homeworld, Risk of Rain, Brothers in Arms and Duke Nukem. In a quote shared with BusinessWire, 2K president David Ismailer confirmed Gearbox and 2K are actively working on the next instalment in the Borderlands series. Gearbox Publishing San Francisco (to be renamed prior to closing, formerly named Perfect World Entertainment), including the publishing rights to the Remnant franchise, the upcoming Hyper Light Breaker and other notable unannounced game releases Cryptic Studios, including MMO titles Neverwinter Online and Star Trek Online.
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