Overview

• Embracer Group is reportedly selling Saber Interactive to a group of private investors for $500 million.
• Saber Interactive, known for developing the Star Wars: KOTOR remake, will become a privately owned company post-sale.
• The sale of Saber Interactive is part of Embracer Group's ongoing restructuring and cost-cutting initiative.
• Gearbox Entertainment, the developer behind Borderlands, is also reportedly in the late stages of being sold by Embracer Group.
• The restructuring efforts by Embracer Group have included layoffs, studio closures, and the cancellation of projects.