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Embracer Group Sells Saber Interactive and Other Studios in a Deal Worth Up to $500 Million

The sale to Beacon Interactive, led by Saber's co-founder, includes rights to several studios and aims to reduce Embracer's debt.

Overview

  • Embracer Group has officially sold Saber Interactive to Beacon Interactive for $247 million, with options to include additional studios potentially raising the total to $500 million.
  • The deal, initiated by Saber Interactive co-founder Matthew Karch, encompasses rights to over 3,000 developers and several studios worldwide.
  • Following the sale, Embracer retains key companies, valuable IPs, and future publishing rights, despite divesting a significant portion of its assets.
  • The transaction aims to alleviate financial pressures on Embracer, cutting its debt and focusing on a leaner organizational structure.
  • The sale marks a significant shift in the gaming industry landscape, with Saber Interactive continuing work on major titles, including the Star Wars: KOTOR remake.