Embattled publisher Embracer sells off Saber assets, withdraws from Russia ...Middle East

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Embattled publisher Embracer sells off Saber assets, withdraws from Russia
source : Eruogamer ( Middle East ) () 71
Troubled video game publisher Embracer has announced the sale of more of its assets - this time, large portions of Saber Interactive, for the price of $247m. In a financial call this morning, Embracer said the sale means it will cease all operations in Russia, something that will help it "reduce [its] geopolitical risk" - though the buyer, a company named Beacon Interactive, is founded by Saber Interactive co-founder Matthew Karch. In terms of actual studios, the deal will see Embracer sell off all Saber Interactive-branded studios, plus New World Interactive, Nimble Giant Entertainment, 3D Realms, Slipgate Ironworks, Mad Head Games, Fractured Byte and Sandbox Strategies. Read more

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