Following reports last year that Embracer Group was considering selling Borderlands studio Gearbox as part of its ongoi…
Following reports last year that Embracer Group was considering selling Borderlands studio Gearbox as part of its ongoing “comprehensive restructuring programme”, it’s now being claimed a sale to a third party is in the “late stages” of being finalised.
That’s according to Kotaku, which says Gearbox CEO and co-founder Randy Pitchford had previously told staff the studio was facing one of three possible scenarios: it would either stay with Embracer, be sold, or would finance a buyout and become independent once more. However, Pitchford reportedly shared an update with employees earlier this week, saying a decision had been made – and that decision, according to Kotaku’s sources, was to sell.
