Category: Embracer

Back in March there was the report that Saber Interactive split off from Embracer Group, with them potentially taking on 4A Games and Zen Studios.

After killing off and selling off various studios and causing lots of job losses, Embracer Group have put out their latest annual report and they have big plans for AI.

Embracer Group have announced that after being the cause of many job losses, shutting down developers and selling some off - they're now splitting into three companies.

Embracer Group continue to sell off more with the latest being Gearbox, which has been picked up by Take-Two Interactive in a $460 million deal.

Some potentially good (?) game industry news here, is that Embracer Group and Saber Interactive have split off with a purchase from Beacon Interactive, a company controlled by Saber Interactive co-founder Matthew Karch.

Hopes for a new Deus Ex have been dashed, with the Embracer Group owned Eidos-Montréal confirming that they've cut 97 people go as the mass-layoffs continue.

Is no studio safe from cuts? Embracer Group continues trying to reduce costs and now the latest we've seen has affected Beamdog.