Gearbox, the studio behind the popular Borderlands video game franchise, is reportedly on the verge of being sold by its parent company, Embracer Group, according to sources. This development follows a period of uncertainty for the studio, characterized by budget cuts, shelved projects, and changes in the development of the next Borderlands games. CEO Randy Pitchford reportedly informed staff earlier this week that a decision had been made on the studio's future, with the sale in its late stages of finalization and expected to close next month. The news comes amidst a broader context of industry shifts, including other studios like Saber being sold and Toys for Bob going independent.
Embracer Group sale of Borderlands studio Gearbox reportedly in "late stages" of finalisation https://t.co/ZkkLq7C5Pm https://t.co/L50eSvHGpz
Final Fantasy 7 Rebirth being released. Embracer selling Saber. Toys for Bob going indie. Gearbox reportedly close to being sold off. https://t.co/GNJXqq0mZt
Borderlands studio Gearbox could be "closer than ever" to being sold off by its parent company Embracer Group, it's claimed. CEO Randy Pitchford reportedly told staff earlier this week that a decision had been made on the studio's future. https://t.co/wlMVW0XZrN https://t.co/cmrS5KsgtA
Report: Gearbox may also be leaving Embracer https://t.co/isrw6XIWUQ https://t.co/mx5xhzfhKJ
RE: Gearbox escaping the Embracer Group. https://t.co/KIgu5rACwp
Sources: Borderlands Studio Will Escape The Most Divisive Company In Gaming https://t.co/VcyC4p13lu https://t.co/665c0Tc8Zg
Sources: Gearbox is close to a sale. Embracer will unload the Borderlands maker in a deal to close next month. It comes after a year of uncertainty for devs at the studio amid budget cuts, shelved projects and shakeups on the next Borderlands games https://t.co/Lx9Uct5RT5 https://t.co/6qkpd4EN8s
Borderlands brings another beloved video game franchise to life in first trailer https://t.co/ks0VcYkmG1