Saber Interactive to Become Independent

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Saber Interactive to Become Independent

Business

01 March 2024 10:00

Embracer Group AB, is set to divest one of its major subsidiaries, Saber Interactive, in a deal valued at up to $500m. As part of this arrangement, Saber Interactive will be a privately owned entity, maintaining a workforce of approximately 3,500 employees. The company will continue to develop Star Wars: The Knights of the Old Republic.

Embracer Group recently revealed its restructuring program. The company announced the shutting down of several studios and the COO of the company stepped down.

Tags: Saber Interactive
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Gaming.png
Saber Interactive to Become Independent

Business

01 March 2024 10:00

Tags: Saber Interactive

Embracer Group AB, is set to divest one of its major subsidiaries, Saber Interactive, in a deal valued at up to $500m. As part of this arrangement, Saber Interactive will be a privately owned entity, maintaining a workforce of approximately 3,500 employees. The company will continue to develop Star Wars: The Knights of the Old Republic.

Embracer Group recently revealed its restructuring program. The company announced the shutting down of several studios and the COO of the company stepped down.

Share:Twitter.pngFacebook.pngInstagram.pngLinkedin.png
Sources:
Games Industry.png
Report mistake   Report-mistake-icon.png
Submit news   Submit-news-icon.png

Related News Icon Related news

View All
News Image
Saber Interactive Receives Investment

Saber Interactive, has secured an undisclosed investment from Aleph Capital Partners and Crestview Partners. This funding will be used to...

Investments

Sep 16, 2024

News Image
Aspyr and Saber Interactive Under Fire

Aspyr and Saber Interactive are currently facing a class action lawsuit for their decision to cancel a content release for...

Drama

Sep 27, 2023

News Image
Valnet Acquires Polygon

Polygon, one of the most prominent video game and pop culture websites of the last decade, has been acquired by...

Business

May 02, 2025

News Image
Epic Games Reveals Webshop for Devs

Just a day after its significant legal victory over Apple, Epic Games has announced a new set of features...

Business

May 02, 2025

News Image
GTA 6 Delayed Again

Rockstar Games has officially delayed the release of Grand Theft Auto VI, pushing the launch date to May 26, 2026....

Business

May 02, 2025

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