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.

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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

BNK FearX's Diable Faces LCK Trade Deadline After Youth Demotion

TL;DR * BNK FearX's 18-year-old mid laner Diable was demoted to the youth roster on April 28 following a missed...

Business

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Xbox's Asha Sharma Confirms Memory Shortage Will Impact Project Helix Price and Availability

TL;DR * Xbox CEO Asha Sharma has admitted that the global memory shortage crisis will directly affect Project Helix's pricing...

Business

Apr 29, 2026

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