Embracer is selling Borderlands developer Gearbox to Take-Two

/ Embracer Group acquired Gearbox three years ago in a deal worth up to $1.3 billion. Today’s sale is valued at $460 million.

By Jess Weatherbed, a news writer focused on creative industries, computing, and internet culture. Jess started her career at TechRadar, covering news and hardware reviews.

Two in-development Borderlands projects will continue to be led by Gearbox CEO Randy Pitchford under Take-Two’s 2K division. Image: 2K

Swedish gaming conglomerate Embracer Group has entered an agreement to sell Gearbox Interactive to Rockstar parent company Take-Two for $460 million. In a press release published on Thursday, Embracer announced that Take-Two will acquire full ownership over the Borderlands (including Tiny Tina’s Wonderlands),

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