Borderlands Dev Gearbox Might Be Getting Sold Off Soon

Gearbox Software, the studio most well-known for the Borderlands franchise, is reportedly up for sale as parent company Embracer Group considers options to “shore up its finances,” according to a September 11 Reuters report.

Three people familiar with the matter told Reuters that various third parties have expressed interest in purchasing Gearbox from Embracer Group, with the Sweden-based holding company working with both investment bank firms Aream & Co and Goldman Sachs to explore a possible sale. Unnamed “international gaming groups” are among the likely buyers; however, Reuters’ anonymous sources said that a deal may not actually happen, though they didn’t provide a reason why.

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