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Take-Two Buys Gearbox for $460 Million, Confirms New Borderlands Game Among Other Things

NewsTech

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take-two gearbox

We knew Gearbox Software was about to be sold by Embracer, and today, Take-Two announced it had reached an agreement to purchase the 25-year-old Texan developer for $460 million. That's a far cry from the $1.3 billion spent by Embracer just over three years ago, which likely speaks of the company's desperation to sell (despite already having sold Saber only two weeks ago). Still, there are some caveats. The transaction is said to exclude 'certain third-party publishing and other assets that the buyer considered superfluous to its business. Gearbox had started publishing third-party games like Tribes of Midgard, Remnant II, […]

Read full article at https://wccftech.com/take-two-buys-gearbox-for-460-million-confirms-new-borderlands-game-among-other-things/

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