Beacon Interactive Acquires Saber Interactive From Embracer Group

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Embracer Group continues to feel the sting of its failed $2 billion partnership deal as it sells Saber Interactive and several of its subsidiaries to Beacon Interactive for $247 million. That includes 3D Realms, DIGIC, Fractured Byte, New World Interactive, Mad Head Games, Slipgate Ironworks, Nimble Giant Entertainment, and Sandbox Strategies. Embracer, on the other hand, will retain control of [...]

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Downsizing Continues At Embracer As Insurgency: Sandstorm Studio Lays Off Employees

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Another Embracer Group studio has been caught in the backblast of its failed $2 billion deal as Saber Interactive announces layoffs and restructuring at its subsidiary, New World Interactive. The studio is best known as the developer of multiplayer shooter Insurgency: Sandstorm and was initially rumored to be shutting down. Saber Interactive has denied the rumors alongside the layoff announcement. [...]

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