Saber Interactive Splits From Embracer Group, Reportedly Bringing Metro Series Studio 4A Games With It
Saber Interactive is officially splitting from Embracer Group, bringing a few more studios formerly owned by the Swedish company with it as well.
As reported yesterday, Embracer Group confirmed it has agreed to sell Saber Interactive to Beacon Interactive, a company owned by Saber's co-founder Matthew Karch, for $247 million. As such, Embracer officially ceases all operations in Russia, improving the company's cash flow and reducing future liabilities.
Related Story Embracer Group is Reportedly Selling Off Saber Interactive and Possibly Gearbox Software
Saber will keep multiple subsidiary studios, including 3D Realms, DIGIC, Fractured Bytes, Mad Head Games, New World Interactive, Nimble Giant Entertainment, Sandbox Strategies, and Slipgate Ironworks. Saber is also granted the right to acquire 4A Games and Zen Studios within a certain time period, which is reportedly happening through options, according to a letter sent to staff sent by CEO Matt Karch. In case this indeed happens, however, long-term license and publishing rights to all current and future games in the Metro series will continue to be held by Embracer's subsidiary PLAION.
Considering how Embracer Group mismanaged pretty much every studio it has acquired, Saber Interactive's split can only be good news for a lot of different franchises. While nothing can be done for canceled games from developers still owned by the Swedish company, like the Deus Ex revival from Eidos Montreal, some projects that have gone missing in action, like the Star Wars: Knights of the Old Republic remake, which is staying with Saber, could be revitalized by this split.
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