Embracer Reportedly Sells Saber Interactive

This article discusses Embracer Group’s plan to sell Saber Interactive, the developer behind the Star Wars: Knights of the Old Republic remake, in a $500 million deal. The deal will make Saber Interactive a privately owned company free from Embracer, allowing them to continue work on the highly anticipated remake. This move comes as part of Embracer’s efforts to cut costs following various studio closures and layoffs in recent years.

What’s going on here?

Embracer Group, the parent company of Saber Interactive, is reportedly selling the developer in a $500 million deal to a group of private investors. This move will make Saber Interactive a privately owned company, separate from Embracer. Saber Interactive will continue working on the Star Wars: Knights of the Old Republic remake following the completion of the transaction.

What does this mean?

The sale of Saber Interactive by Embracer Group indicates a significant shift in ownership and independence for the developer. This move will allow Saber Interactive to operate as a separate entity and focus on their ongoing projects, such as the Star Wars remake, without the influence of Embracer Group.

Why should I care?

If you are a fan of Saber Interactive’s work or eagerly awaiting the Star Wars: Knights of the Old Republic remake, this news is crucial as it highlights the company’s future direction and potential impact on the development of the game. Additionally, it sheds light on the business strategies of larger gaming corporations and how they navigate acquisitions and divestitures in the industry.

For more information, check out the original article here.