Embracer Group acquires Gearbox Entertainment for $1.3 billion

It has been confirmed today that the Embracer Group will be acquiring games develop and company Gearbox Entertainment in a deal worth $1.3 billion. Gearbox has been responsible for creating the Borderlands series of games and will become a wholly owned subsidiary of the Karlstad, Sweden-based company. Under the deal, Embracer will pay $188 million […](Read More ...)The post Embracer Group acquires Gearbox Entertainment for $1.3 billion appeared first on Geeky Gadgets.