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Tag: Swedish

Swedish Firm Embracer Buys Borderlands Dev Gearbox For $1.35 Billion

Swedish Firm Embracer Buys Borderlands Dev Gearbox For $1.35 Billion

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Embracer is on track to turning into the Tencent of Scandinavia, having already added THQ Nordic and Koch Media to its portfolio of video games studios, and now increasing even extra with the acquisition of Gearbox Studios. Gearbox, the makers/publishers of Borderlands, Battleborn, Bulletstorm, Brothers in Arms, and quite a bit of different video games that originate now now not originate with 'B', is stir by CEO Randy Pitchford, who will doubtless be staying on as boss despite messy proceedings that scream misuse of firm funds and lewd behaviour. Pitchford issued a essentially industrial buzzwordy assertion, namechecking Lars Wingefors, the Embracer CEO: "Lars’s imaginative and prescient of Embracer as an allied accomplice neighborhood committed to fueling and accelerating the ambition...