Take-Two has introduced plans to amass Gearbox Leisure from the embattled Embracer Group, in a deal reported to be value $460 million. The buyout makes logical sense, as Gearbox Leisure will function beneath the framework of 2K Video games, which has lengthy been the writer of the favored Borderlands collection. It’ll be led by founder Randy Pitchford.
Gearbox Leisure says it at present has six tasks within the works, together with 5 sequels, two of which belong to the Borderlands and Homeworld franchise. The developer will retain mental property possession of the 2 beforehand talked about franchises, in addition to Tiny Tina’s Wonderlands, Threat of Rain, Brothers in Arms, and Duke Nukem.
So as to add complication, nonetheless, Embracer Group will proceed to regulate Gearbox Publishing San Francisco, which will probably be renamed and can maintain on to the publishing rights for titles like Hyper Gentle Drifter.
“Becoming a member of forces with Take-Two Interactive and 2K will assist Gearbox ascend to our subsequent degree,” mentioned a presumably minted Randy Pitchford. “Take-Two and 2K have demonstrated repeatedly their dedication to our engine of producing creativity, happiness, and revenue. We set the bar for interactive leisure and achieved exceptional outcomes with ground-breaking, record-setting video games once we labored collectively at arm’s size as companions. I’m extremely enthusiastic about what we are able to accomplish now that we’re totally aligned as one.”