Huge gaming behemoth Embracer Group has been trimming down significantly as of late - with some of its in-house studios even fully closed in the wake of a huge restructuring process at the company. And, new reports are suggesting that a couple of the group's remaining studios are now in the midst of being sold off.
According to Bloomberg, Saber Interactive is in the middle of a $500 million deal to become privately-owned, and according to Kotaku, Borderlands developer Gearbox is also in the process of being sold by Embracer Group.
At present, neither of these deals have been publicly confirmed by Embracer or their respective dev teams, but they both seem likely given the reliability of each source - along with Embracer's recent record of culling teams of course. Timesplitters studio Free Radical closed late last year, along with Saints Row developer Volition way back in September 2023.
At least these two studios don't appear to be closing down in any way, but these could sill be massive deals in a tumultuous time for the video game industry. Microsoft, Sony, EA and loads of other teams have been announcing layoffs as of late to help keep their organisations streamlined, and ultimately, to save money.