Take-Two to acquire Gearbox from Embracer for $460 million

Take-Two will acquire developer Gearbox from Embracer for $460 million.

The deal for the studio, which operates out of three offices in the US and Canada, is expected to complete in June.

Gearbox is responsible for the Borderlands series, which is published by Take-Two, and the two were already working together on the next Borderlands game. Alongside Borderlands, Take-Two will also take ownership of Homeworld, Risk of Rain, Brothers in Arms and Duke Nukem, alongside future Gearbox titles. Take-Two says that Gearbox are working on six titles, including two Borderlands games and two Homeworld titles, plus ‘at least’ one new IP.

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