Archive link: http://archive.today/cxPph

Embracer is considering options for its U.S. game developer Gearbox Entertainment including a sale as Europe’s largest gaming company looks to shore up its finances, three people familiar with the matter told Reuters.

Embracer is weighing selling the unit, which is known for first-person shooter game Borderlands, after receiving interest from third parties, two of the people said.

Embracer, majority owned by founder Wingefors, purchased Gearbox in February 2021 in a deal that valued the business at up to $1.4 billion at the time.

Gearbox marketing materials are already available for potential buyers, which consist mainly of international gaming groups, said two of the people.

The sources, who requested anonymity as the matter is confidential, cautioned a deal may not happen.

  • GhostMatter
    link
    fedilink
    arrow-up
    2
    ·
    1 year ago

    Exactly what I do! I just wanted to keep my previous comment short.

    • luciferofastora@lemmy.zip
      link
      fedilink
      arrow-up
      2
      ·
      1 year ago

      That is reasonable. Short comments are easier to digest and quicker to write.

      Unfortunately, I am not a particularly reasonable person.