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Tag: embracer group

Embracer has sold Gearbox — and Borderlands — to Take-Two for $460M

Troubled gaming conglomerate Embracer announced Thursday that it has agreed to sell Gearbox Entertainment, the studio behind the Borderlands games, to Grand Theft Auto...

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What’s going on with all these video game industry layoffs?

The video game industry has never been known for its job security. Game development works in cycles, and when games are released and projects...

Homeworld 3 Has Been Delayed To May

Gearbox publishing and Blackbird Interactive have announced that Homeworld 3's release date has been pushed to May 13. Its early access period will now...

New Deus Ex Game Canceled by Embracer, Layoffs Planned – PlayStation LifeStyle

Swedish gaming company Embracer Group has canceled a new video game in the Deus Ex series that was in development for two years and...

Embracer-owned Lost Boys Interactive reportedly undergoes ‘sizable’ layoffs

Lost Boys Interactive has reportedly become the latest Embracer-owned studio to undergo layoffs, as former producer Jared Pace said on LinkedIn (via Game Developer)...

Journey To Foundation Developer Archiact Confirms Layoffs

Archiact joins a growing list of VR studios undergoing layoffs. Best known for developing DOOM 3: VR Edition and Journey To Foundation, the latter...

Star Wars: KOTOR Remake Likely Dead as Embracer CEO Refuses to Talk About It – PlayStation LifeStyle

Development on Star Wars: KOTOR Remake has seemingly ground to a halt at all of Embracer Group’s studios. This likely spells cancellation, according to...

One of Embracer’s top executives resigns and announces his own gaming company at the same time

Former Embracer Group chief operating officer Egil Strunke announced on LinkedIn today that he has formally resigned as the company's chief operating officer—essentially, Embracer's...

‘Arizona Sunshine’ Studio Working on “AAA VR game” Based on a Global Franchise

According to a recent job offer posted by Amsterdam-based developer Vertigo Games, pre-production has begun on a “high-profile, multiplatform AAA VR game,” which is...

Sweden’s gaming industry worth over €3 billion – WholesGame

In 2022, earnings made by game companies in Sweden increased by more than 12% and reached a whopping €3.1 billion in revenue. During this...

Following layoffs at CD Projekt Red, staff have formed a union for Polish game developers

Developers at CD Projekt Red—the Polish studio responsible for a trilogy of videogames about a worker who believes in negotiating a fair price for...

Report: Gearbox Entertainment Might Be Sold by Embracer Group – PlayStation LifeStyle

According to a new report by Reuters, Embracer Group is considering selling Borderlands company Gearbox Entertainment. Gearbox Entertainment — which encompasses developer Gearbox Software...

Borderlands Studio Making a New ‘Family Friendly’ AAA IP – PlayStation LifeStyle

Borderlands developer Gearbox Software is apparently working on a new AAA IP with the intention of making it “family friendly.” That’s according to a...

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