Embracer Group confirmed it is selling Saber Interactive to Beacon Interactive on Thursday morning, following rumors of a sale last month. Saber Interactive is a massive company that not only develops games like Warhammer 40,000: Space Marine 2 and Expeditions: A Mudrunner Game but also owns several studios.
So, what exactly did Embracer offload?
The press release announcing the sale can be a bit tough to parse with all the financial information and corporate terminology found within. We’ve put together a simplified explanation here if you’re looking for a cheat sheet. In terms of studios, Beacon Interactive acquired the following ones in its $247 million deal with Embracer Group.
With this deal, Beacon Interactive is acquiring 2,950 developers working on 38 different projects. This might not be the end of the offloading, though. Embracer Group says that it’s also giving Beacon Interactive the option to buy Metro series developer 4A Studios and pinball game maker Zen Studios, although those deals are not locked in at this time.
If you’re aware of the breadth of what Saber Interactive owns, you’ll recognize that’s not every studio owned by the company. Embracer says it will continue ownership of the following studios, redistributing them to its other subsidiaries.