Take-Two Entertainment Acquires Gearbox Interactive in $460 Million Deal – What This Means for Borderlands!
Frisco, Texas – Swedish gaming company Embracer Group has reached an agreement to sell Gearbox Interactive to Take-Two, the parent company of Rockstar, for $460 million. This deal, announced in a press release, will see Take-Two taking full ownership of popular franchises like Borderlands, Homeworld, Risk of Rain, Brothers in Arms, and Duke Nukem by June 2024. Additionally, Take-Two will acquire Gearbox studios located in Quebec, Montréal, and Frisco, Texas. However, Embracer will retain ownership …