Embracer Group has officially confirmed that Saber Interactive has been sold for $247 million, following news yesterday that the studio has removed all references to the mega-publisher from its official website.
Speaking in a statement to investors today, Embracer Group confirmed that the sale has resulted in the company ceasing all operations in Russia, with Saber Interactive being sold to a group of private investors at Beacon Interactive, which is helmed by Matthew Karch, the co-founder of Saber Interactive.
As a result of the sale, Saber Interactive will retain a number of studios including Nimble Giant, 3D Realms, Sandbox Strategies, New World Interactive, and Slippage Ironworks. Embracer, meanwhile, keeps Zen Studios, 4A Games, Tripwire, Beamdog, and Tuxedo Labs among others.
Marathon has always been teetered on the edge of future failure, but now that seems set in stone after recent events.
If I was running Sony why would I not try to have bungie reboot Killzone and have it as their Halo. Honestly I don't know how Sony could justify that 3.6 billion purchase price. Insomniac games at 256 million has been their greatest acquisition in Playstation history for what they have already delivered and what's the pipeline
It does look like ass shit.
Would pulling the plug now make any difference or is Bungie thoroughly cooked regardless?
The saga of the legal battle that sees Epic Games fight Apple in the attempt to bring Fortnite back to iOS has just gained another chapter.
A once bustling space offering plenty of choices, now a desolate land of greed, did EA really kill the sports game genre?
They made them better than everyone else at first. Once no one was playing any of the inferior options, they turned the investors loose on the customers.
That's great, at least Saber won't die in the embrace. I really enjoy Snowrunner, and Dakar Desert Rally is pretty fun w a wheel.
Please, not to EA or MS...
$247mil?? for what? smells like money laundring
Better then being pawned off to Tencent. I think Beacon Interactive is a better fit for them.
They should go back to Dunder Mifflin.