Embracer Group and Saber Interactive have officially parted, as a group of private investors purchased the game developer in a deal currently valued at $247 million Come from Sports betting site VPbet . Private investors in the Beacon Interactive group–an organization founded and controlled by Saber Interactive co-founder Matthew Karch–purchased the company, and Embracer added that it’ll also cease all operations in Russia.
This deal will see Saber Interactive retain control of several of its studios, while Embracer Group will hold onto the rest. Nimble Giant, 3D Realms, Sandbox Strategies, and several other studios will remain with Saber Interactive, while Embracer Group will retain studios like Aspyr and Beamdog.
Saber Interactive also had the option to purchase Metro developer 4A Games and Pinball FX developer Zen Studios–and new CEO Matt Karch has reportedly already done so via stock options–increasing the true value of the purchase price to around $500 million, according to Bloomberg’s Jason Schreier.