Embracer Group Sells Off Saber Interactive; 4A Games and Zen Studios May Follow
Reports of Embracer Group selling off Saber Interactive first popped up a few weeks ago, and today, the company has ...
Tag: embracer group
Report: Saber Interactive to Be Sold by Embracer Group for $500 Million, Gearbox Potentially to Follow
Saber Interactive, the team currently working on the long-awaited Star Wars: Knights of the Old Republic remake, is the latest ...
Embrace Group Says It’s Looking Out for Shareholders After Laying Off Almost 1,400 Employees
Last year, news broke of the Embracer Group’s financial hardships, which resulted in lots of projects being cancelled, and ...
Report: Embracer Group Cancels New Deus Ex Game and Hits Eidos Montreal With Layoffs
Embracer Group continues on with more layoffs, this time affecting Eidos Montreal, who has also repordedly had their new Deus ...
Report: Piranha Bytes Facing Closure at the Hands of Embracer
Embracer is like that image of the Grim Reaper going door-to-door with its subsidiaries. According to a reputable German podcast’...
3D Realms and Slipgate Ironworks Suffer a Second Round of Layoffs at Embracer’s Hands
Embracer-owned studio 3D Realms has been hit with a second round of layoffs following an initial slew of job cuts ...
Embracer Hits 3D Realms and Slipgate Ironworks With Layoffs
Just three days after the confirmation of Free Radical’s studio closure, Embracer is yet again making more cuts as ...
Free Radical Closed for Good as Developers Say Their Goodbyes
Development studio Free Radical has seemingly closed for good today following the news that it would be shut down by ...
Report: Star Wars KOTOR Remake Potentially Cancelled, “Not Being Worked On” Currently
The Knights of the Old Republic Remake might be dead in the water as we know it. According to Giant ...
Report: TimeSplitters Studio Free Radical Subject to Shutdown at the Hands of Embracer
Following a botched deal that’s become somewhat notorious in game industry spheres, Embracer’s “restructuring” plans continue to take ...
Embracer Group’s COO Steps Down to Form Strunke Games
More trouble at Embracer Group is brewing, as it has been revealed that the Chief Operating Officer (COO) has left ...
Star Wars KOTOR Remake Trailer and Tweets Pulled From Internet Due to “Expired Music Licenses,” According to Sony
A remake for Star Wars: Knights of the Old Republic (KOTOR) has been in the works for some time now ...
Embracer Group Cites 3-Step Plan to Save Company Amid Closures and Financial Changes
As part of its 2023/2024 restructuring program, Embracer Group continues to alter its company with additional closures, brand downsizes, and divestments. ...
Crystal Dynamics Suffers Layoffs as a Result of Failed Embracer Deal
The Embracer cuts don’t stop coming. Today on Twitter, Crystal Dynamics announced that layoffs had occurred at the company ...
Report: Embracer Group Plans to Sell Gearbox Software
Embracer Group has been axing their assets left and right ever since their plans for a $2 billion deal with Saudi ...
Volition Closed by Embracer After 30 Years of Operation, Studio Pens Letters to Fans
We hate to be the bearer of bad news today, but here we are. Embracer, the parent company of Volition, ...
Embracer Group Closes Campfire Cabal Studio, More to Come After Failing to Complete $2 Billion Deal
Embracer Group’s closing of Campfire Cabal, a studio owned by THQ Nordic, was just confirmed. This may be the ...
Embracer Group Announces “Restructuring Program”; Includes Cancelation of Games
Embracer Group has announced a comprehensive “restructuring” program that will take place immediately until the end of March 2024. Embracer’s ...
Star Wars: Knights of the Old Republic Remake: Embracer CEO Has “No Further Comments” on Progress
Fans anticipating the Star Wars: Knights of the Old Republic remake (KOTOR remake) may have to wait a little longer ...
Embracer Group: “Transformative” $2 Billion Partnership Deal Collapses, Stock Plummets 40%
Swedish gaming giant Embracer Group has announced that a “transformative” deal worth $2 billion with another industry player that the former ...