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

Feeble Minds Announced

Two of Coffee Stain’s co founders, Oscar Jilsén and Mikael Mård, have revealed that they have started a new game...

Business

Dec 05, 2025

G2 Esports Partners with Betpanda

G2 Esports has revealed a new partnership with Betpanda, an online crypto casino platform. Starting in 2026, Betpanda will become...

Business

Dec 03, 2025

ByteDance Looking to Sell Moonton

TikTok’s parent company, ByteDance, is reportedly discussing the sale of Shanghai Moonton Technology Co., the studio behind Mobile Legends: Bang...

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