Saber Interactive to Become Independent

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

Sources: