Saber Interactive Sold to Beacon Interactive in $247M Deal, Embracer Group Restructures

The sale includes numerous studios and projects, with Embracer Group retaining key assets and ceasing operations in Russia.

Saber Interactive has been sold to Beacon Interactive, a company founded by Saber co-founder Matthew Karch, in a deal worth $247 million, potentially rising to $500 million.
The sale includes the transfer of numerous studios and projects to Beacon Interactive, while Embracer Group retains key companies and future publishing rights.
Embracer Group will cease all operations in Russia as a result of the sale, aligning with its restructuring plan to reduce debt and streamline operations.
The deal marks a significant shift for both companies, with Embracer focusing on reducing its net debt and Saber Interactive gaining independence under new ownership.
The transaction is part of Embracer Group's broader restructuring efforts, following a failed $2 billion investment deal that led to layoffs and studio closures.