These are not good times for the video game industry, but of course Embracer Group It is one of the companies that is going through the most difficulties. The Swedish brand recently started a really important movement to alleviate costs on its financial accounts and is therefore preparing for a big sale.
Saber Interactive, a studio focused on the creation of the remake of Star Wars: The Knights of the Old Republic, will soon be sold to a group of private investors for $500 million. The information provided by Bloomberg
Both Embracer and Saber have preferred not to comment on a really important movement, especially since the Swedes took over the parents of World War Z in 2020. On that occasion The payment was 525 million dollars
Saber has subsidiaries in the United States, Portugal and Russia, and is also known for accepting third-party projects, but an official announcement has yet to be made. Of course, fans of Star Wars: KOTOR They should not worry, because the development of the work will continue. The negative news for Embracer does not stop accumulating, since a couple of weeks ago it confirmed the dismissal of hundreds of employees and the cancellation of dozens of video games.
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