Embracer Group Sells Saber Interactive Amid Restructuring
The sale of Saber Interactive, developer of the Star Wars: KOTOR remake, to private investors for $500 million marks a major step in Embracer Group's ongoing restructuring efforts.
- 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.
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