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Take-Two to acquire Gearbox from Embracer
Take-Two announced today that it has acquired Borderlands developer Gearbox for $460M, over 60% less than what Embracer paid for it in 2021.
Take-Two has published games from Gearbox before under its subsidiary 2K, specifically the titles in the developer’s biggest franchise, Borderlands (which is also about to become a film). We’re thrilled to open our call for speakers to our flagship event, GamesBeat Summit 2024 hosted in Los Angeles, where we will explore the theme of “Resilience and Adaption”. Apply to speak here “Our acquisition of Gearbox is an exciting moment for Take-Two and will strengthen our industry-leading creative talent and portfolio of owned intellectual property, including the iconic Borderlands franchise,” said Strauss Zelnick, Chairman and CEO of Take-Two, in a press release sent to GamesBeat.
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