Sony continues to stir the pot.
A string of acquisitions has led to the company acquiring the rights to games and movies based on Lord of the Rings. Analyst David Cole weighs in.
The acquisition was announced just one day after the decision to cease Spellbreak development was made public.
Major players like Ubisoft and EA are reportedly looking to sell, while other companies show no sign of slowing down acquisition efforts.
The publisher previously attracted buyout interest from several private equity firms, including KKR & Co. and Blackstone.
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."