Embracer announces merger with Borderlands creator Gearbox

[Windows Central]

The deal could amount to $1.3 billion.
[h=2]What you need to know[/h]

• Embracer Group, a video game holding company, announced that it will be merging with Gearbox Entertainment
• Gearbox will continue to operate independently.
• It'll be the seventh company under Embracer, joining the likes of THQ Nordic and Saber Interactive.

Embracer Group, the parent company of studios like THQ Nordic, Koch Media, and Saber Interactive, announced early Wednesday morning that it'll be entering a merger with Gearbox Entertainment. The deal can amount to up to $1.3 billion.

Full story from the WindowsCentral blog...