The company that owns IP rights to the Lord of the Rings franchise is dividing its business. Embracer Group has unveiled plans to split into three operations: games publisher Asmodee Group, indie gaming label Coffee Stain & Friends and Middle-earth Enterprises & Friends, which will house the Lord of the …
Read More »Take-Two Buys Gearbox Entertainment From Embracer For $460 Million read full article at worldnews365.me
Video game publisher Take-Two Interactive Software has acquired Gearbox Entertainment, the company behind the Borderlands franchise, for $460 million in an all-stock deal with Embracer, the latest big deal in the video game business. The deal comes as Lionsgate is releasing Eli Roth’s theatrical adaptation of Borderlands in August. Take-Two said …
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