Embracer has also featured Aspyr in his recent spending.
Update 1.30pm UK: 2K says developers will continue to publish unannounced but unavoidable future entries in Gearbox’s Borderlands series, even though they are now part of Embracer.
“As a proud publisher of the Borderlands franchise, we are pleased with this exciting new chapter for Gearbox partners and their organizations,” the company said. “This merger will not change the relationship between 2K and Gearbox, our role as the publisher of Borderlands IP, or any other project we are currently working on in the studio. A long-term partnership with this highly talented team. We look forward to continuing and providing you with more exciting entertainment experiences for game fans around the world. “
Original Story 11.15am UK: Gearbox, the developer of Borderlands, has become the latest studio to buy from Embracer, a giant subsidiary that owns THQ Nordic, Koch Media and Sabre Interactive.
Gearbox owns the rights to the Borderlands franchise, so expect more. The studio also owns Brothers in Arms and Home World.
The $ 363 million transaction includes a six-year performance target for additional compensation, for a total of up to $ 1.3 billion. Well, will Borderlands 4 and 5 be included in the next 6 years?
All 550 current Gearbox employees are retained, and controversial CEO Randy Pitchford continues to lead the studio.
This agreement may mean that Embracer will handle all Borderlands projects in the future. [UPDATE: Or not – see 2K’s statement on it continuing publisher duties above for more].. 2K, which publishes the franchise, closed the Australian studio that created the spin-off Borderlands: The Pre-Sequel in 2015.
In other Embracer news, the group also announced a $ 100 million deal to buy Aspyr Media, a US developer working to port large franchises such as Borderlands and Star Wars to new platforms. I will take an interesting look at that career!
To conclude today’s Embracer news, the group announced a $ 640 million deal to merge with mobile publisher Easybrain.