Update: Embracer Group Has Sold Star Wars: KOTOR Remake Dev Saber Interactive In Deal Worth Up To $500 Million
Update, 03/15/24: Last month, we learned that Embracer Group, the company behind the closure of Saints Row studio Volition Games and layoffs at companies like Black Forest Games and Eidos-Montréal, was reportedly set to sell Star Wars: Knights of the Old Republic remake developer Saber Interactive. The deal apparently carried with it a $500 million price tag, according to a Bloomberg report. Now, it's official: Embracer has sold off Saber Interactive to a group of private investors under Beacon Interactive, as reported by VideoGamesChronicle. Beacon Interactive is controlled by Saber Interactive co-founder Matthew Karch, the publication reports. Embracer sold Saber Interactive to Beacon Interactive for $247 million, but there was an option for the former to bring Metro series developer 4A Games and Pinball FX developer Zen Studios with it as well, increasing the price tag to around $500 million. According to Bloomberg reporter Jason Schreier, Karch and...