
Embracer Group has announced to investors that it has sold Saber Interactive for a total of $247 million to a company called Beacon Interactive, which is under the control of Saber's co-founder Matthew Karch.
As part of the sale, Saber will retain the following studios: Nimble Giant, DIGIC, Fractured Byte, Sandbox Strategies, 3D Realms, Mad Head Games, New World Interactive, and Slipgate. Meanwhile, Embracer Group wll retain: 34 Big Things, Shiver, Beambog, Aspyr, 4A Games, Snapshot, Tripwire, Tuxedo Labs, Zen Studios, and Demiurge.
As for 4A Games and Zen Studios specifically, these are currently subject to option agreements, so they both may well join Saber Interactive along with the other aforementioned studios. Should this occur, the total value of the deal will increase to $500 million.
As a result of the sale, Embracer Group is reportedly now able to discontinue all operations in Russia; a goal that had previously been set by the board in order to reduce geopolitical risk.
In a statement, Embracer CEO Lars Wingefors highlighted the sale as a win-win scenario:
“I am pleased that we have found a win-win solution for Embracer and the parts of Saber that now will leave us. This transaction puts both companies in a stronger position to thrive going forward. Embracer is now able to discontinue all operations in Russia, according to a previous board decision, while safeguarding many developer jobs under new independent ownership. At the same time, we keep key companies, valuable IPs and future publishing rights. Cash flow is immediately improved, and we remain committed to reducing net debt"

The sale is the latest in a string of moves from Embracer Group to reduce its debt, including studio closures and widespread staff reductions.
What do you make of Saber's split from Embracer Group? Let us know your thoughts with a comment down below.
[source embracer.com]
Comments 34
I don't think Embracer gets nearly enough credit for just how much damage they've done.
I'm glad Saber made it out of this, have a lot to be thankful to them for in terms of some nice switch ports
I wonder how this will affect Snowrunner and Expeditions from now on!
I hope they keep the development going without any problems.
@ozwally Are you sure Saber made it out of this? Because it seems like they kind of sold it to themselves.
Embracer are THE biggest clowns in the industry rn, and it might be funny if it didn't mean hundreds if not thousands of people losing their jobs in a time where it's difficult to find new work within game development because EVERYONE is laying off staff.
Actually, I take it back. They're not clowns. They're whatever expletive you want to use for them. The more offensive the better.
3D Realms got screwed. Many of their games were stuck in Steam early access for years and suddenly got released at the beginning of this year. Both Graven and the Kingpin remaster got panned and Amid Evil got average reviews.
Good as I bet this will be just Embracer's loss in the long run, neither Saber's (and all the other studios involved) nor Russia's.
Glad Embracer got to keep Aspyr, as their Tomb Raider remaster collection was great. Now I just hope they will do a Duke Nukem 3D remaster as well.
I feel sorry for those studios that Embracer still kept such as Beamdog, Shiver, and Aspyr. Those three are the only few that knew how to make quality titles, hopefully their future is secured.
@Peteykins well im hoping its a good thing time will tell I suppose - either way the industry seems pretty horrific for staff at the moment
"Embracer Group is reportedly now able to discontinue all operations in Russia; a goal that had previously been set by the board in order to reduce geopolitical risk."
there is no geopolitical risk, this is pure propaganda. There is political pressure for ideological reasons and reasons to do with political manoeuvring and power games in this artificially created new cold war. Basically making Russian devs unemployed because they are evil Russians etc and need to be punished. Saying they are minimizing their risk like they need to do it for survival reasons is just a manipulation of language
@Dom_31 How about this?
"A previously announced AAA game based on a major license" is the KOTOR remake, right? Wasn't that handed to a different Saber Interactive team when Aspyr lost the rights to make it?
@PKDuckman
"Amid Evil got average reviews"
Yeah, and Jupiter isn't real.
That's a sarcastic statement btw, just so people don't think that I don't believe in Jupiter.
Still a few more studios to save. Hopefully they will all join the right group/holding/publisher so they can thrive.
The thing is, they will also have a massive layoff if Embracer goes down. Employees aren't the one who make those horrible decisions, so I can't even wish this group any harm. It must be so much easier not to be human like all those CEOs and investors.
Zen Studios... I may be incorrect; Are they the Pinball FX dev...?
@MeloMan Yes they are.
@smithyo IDK, I support every financial consequence possible for a country invading the sovereign territory of another. I'm not sure where the propaganda is coming into the equation. Do you not believe the war in Ukraine is real? How about Crimea in 2014? Georgia in 2008? Chechnya before that? All fake? I think people who dislike the actions of the Russian state probably do so for valid reasons.
I knew reading these comments would make me agrevated again, and pointing out this bit of information will probably only be thrown back agaisnt me, but as part of pulling out of Russia, Embracer and Saber have closed two developers; Bytex and Smart Phone Labs. No mention has been made of what became of their staff; hopefully relocated along with the former Saber St. Petersburg.
Now that I've made that discolsure, I would like to point out that most of Embracer's bad decisions have been because of Mr. Karch sitting at the top of the board. How else do you think he had the money to buy it all back? Dude was taking them for a ride, and was the one who urged them to go all in on Gearbox and CDE, which is what caused this whole domino effect to begin with in the first place. Saber has some truly fanTASTIC devs under their employ, and it's great that they got as many devs as possible out of an active war zone, but don't act for a second that they're innocent. Every arm of Embracer gets a say, and some voices are louder than others.
@Peteykins But at least they are no longer under Embracer's influence. They can concentrate on making games/ ports without anyone telling them what to do. Or so I think
@Debo626 Exactly. I wonder which part of invading a peaceful neighbour seemed “artificial” to smithyo.
Saber for better or worse got out of a operation that only interested was to cut jobs and make blood money out of game developers and cut and run. They at least now have control of how they want to go now.
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Wait, wasn't Saber's actual own development/porting arm primarily housed in Russia? No word on how that's going to be handled?
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I've never heard of any of those games 😅 crazy how high they are valued 😱
Damn the comment got spicy , I hope saber made it I respect them for the work they have put on the switch and the mud runner series
I would really really like clarity on what this means for Tomb Raider Remastered, future updates, and the probability of further remasters of at least the old Core Design games. An extension to that would also be the potential of Legend/Anniversary/Underworld to be released with all content from each version...
Aspyr and Zen Studio should have been part that deal too. IMHO.
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