Embracer Group will receive some high-profile IP, including Deus Ex, Tomb Raider, and Thief, as part of the $300m deal.
The Tiny Tina’s Wonderlands co-developer will “[work] in tandem with Gearbox on full development projects.”
The move emphasizes Sony’s bid for the live service sector.
The deal further entrenches Epic’s position in the music and entertainment sectors.
The purchase caps off a busy January for mergers and acquisitions activity. GameDaily spoke to several analysts about the implications of the deal.
The studio’s three purchases give it access to several midcore mobile sectors.
It’s the largest deal in the history of the games industry, and will no doubt have a monumental impact. GameDaily reached out to several analysts for input on what it means for the future of games.
Over a thousand private placements, mergers, and acquisitions took place last year, with a total value of $85 billion.
The purchase instantly positions Take-Two as a leader in the mobile space. Sensor Tower analyst Craig Chapple weighs in on the monumental move.
The latest round of acquisitions gives Embracer a foothold in publishing, animation, and even TV streaming.