Saber Interactive to Become Independent

Saber Interactive to Become Independent

Business

01 March 2024 10:00

Embracer Group AB, is set to divest one of its major subsidiaries, Saber Interactive, in a deal valued at up to $500m. As part of this arrangement, Saber Interactive will be a privately owned entity, maintaining a workforce of approximately 3,500 employees. The company will continue to develop Star Wars: The Knights of the Old Republic.

Embracer Group recently revealed its restructuring program. The company announced the shutting down of several studios and the COO of the company stepped down.

Tags: Saber Interactive

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Saber Interactive to Become Independent

Business

01 March 2024 10:00

Tags: Saber Interactive

Embracer Group AB, is set to divest one of its major subsidiaries, Saber Interactive, in a deal valued at up to $500m. As part of this arrangement, Saber Interactive will be a privately owned entity, maintaining a workforce of approximately 3,500 employees. The company will continue to develop Star Wars: The Knights of the Old Republic.

Embracer Group recently revealed its restructuring program. The company announced the shutting down of several studios and the COO of the company stepped down.

Share:

Sources:

Report mistake Submit news

Related news

View All

Saber Interactive Receives Investment

Saber Interactive, has secured an undisclosed investment from Aleph Capital Partners and Crestview Partners. This funding will be used to...

Investments

Sep 16, 2024

Aspyr and Saber Interactive Under Fire

Aspyr and Saber Interactive are currently facing a class action lawsuit for their decision to cancel a content release for...

Drama

Sep 27, 2023

Sony's PlayStation PC Reversal Is Jim Ryan's Plan Dying

Hermen Hulst told staff at a Monday morning town hall that PlayStation's single-player games are going back to console-exclusive. Which...

Business

May 19, 2026

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PlayStation Plus prices rise for new subscribers on May 20, 2026, less than a month [[News/Xbox Cuts Game Pass Prices...

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Rockstar can afford the GTA 6 November 19 release date partly because GTA 5 is still printing money 13 years...

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