Saber Interactive to Become Independent
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News/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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Drama
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