At some point during its mad spending spree, Embracer Group acquired Borderlands developer Gearbox as it sought to strengthen its development portfolio. However, the company has since begun shedding studios, and Gearbox is now heading back to 2K - the team who helped it build the Borderlands series.
This time around though, Gearbox will be fully-owned by Take-Two Interactive. Yep, the publishing team is in the midst of a $460 million deal to bring Gearbox completely under its wing - with a new Borderlands title also confirmed to be in development.
Here's a bit more on what Gearbox has in the pipeline following the news of this acquisition:
"Gearbox currently has six key interactive entertainment projects in various stages of development, including five sequels, two of which are from the Borderlands and Homeworld franchises, and at least one exciting new intellectual property. Beyond these plans, Take-Two believes that there are incremental opportunities to invest in new projects and to expand Gearbox’s proven franchises."
Borderlands 3 is almost five years old at this point, so the next game in the series is likely well into development at this stage. Series spin-off Tiny Tina's Wonderlands did launch in 2022 though, as Gearbox continues to expand its long-running FPS franchise.