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Gearbox bought by THQ Nordic owner, Embracer Group

Published: 08:45, 03 February 2021
Updated: 17:41, 03 February 2021
Gearbox Software
Borderlands 3
Borderlands 3

Video game companies seem to be selling like hotcakes these days, and the latest one that will be switching proverbial hands is Gearbox Software, the dev that really shouldn't need any introduction.

After all, we're talking about a developer with long roots in the industry and multiple beloved, award-winning franchises to their name. Granted, some like Duke Nukem 3D have been dormant for a while, but Borderlands 3 has been too hot to drop. 

As for the buyer, Embracer Group has been on quite the shopping spree, ultimately becoming an important name in gaming without actually having anything to do with it. They made headlines for buying 12 studios and a PR firm on a single day, and now they're adding Gearbox as well. 

Embracer Group owns companies like THQ Nordic, Saber Interactive and Koch Media, so Gearbox will surely make a valuable addition to the arsenal. 

Gearbox's CEO Randy Pitchford had nothing but praise for Embracer and their CEO Lars Wingefors, announcing a new era for the developer.

"Lars’s vision of Embracer as an allied partner group committed to fueling and accelerating the ambitions of a series of decentralized, successful entrepreneurial companies while magnifying the collective value and advantages of diversification across the entire group is the most brilliant strategy and design for short, medium, and long-term success in this industry that I have ever encountered in my 30 years in this industry. The feeling at Gearbox is that we are just getting started and this transaction is not merely a stimulant for the talent of our employee-owned company, but a propellent for the exciting future we have planned", he said. 

Gearbox Borderlands 3 - Amara's new skill tree Borderlands 3 - Amara's new skill tree

Embracer are clearly interested in a lengthy stay in the industry, so Gearbox's game development should be safe from interference for the most part. Then again, we'll get to see that for ourselves.

EDIT: 2K Games issued an official statement on the matter, which you can read in full here .

Borderlands 3 is an Action RPG by Gearbox Software

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Borderlands 3

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