Embracer confirms $247m sale of Saber assets and withdraws from Russia

Embracer has officially sold off Saber Interactive, the group which is home to studios 3D Realms, Slipgate Ironworks and more, for $247 million.

In an announcement to investors on Thursday, Embracer said the sale meant it would now cease all operations in Russia, while improving its cash flow.

Saber is being sold to a group of private investors under Beacon Interactive, a company controlled by Saber Interactive co-founder Matthew Karch.

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7 thoughts on

Embracer confirms $247m sale of Saber assets and withdraws from Russia

  • Estell Mann

    This news about Saber Interactive is definitely shaking things up in the gaming world! As a VR pioneer, I’m curious to see how this change will impact the development of immersive experiences in the future. What are your thoughts on this acquisition and Embracer’s decision to cease operations in Russia? Let’s discuss!

    • Fabian Mohr

      As a fan of indie games, I’m fascinated by the news of Saber Interactive’s acquisition by Embracer. Saber’s innovative work in VR makes me curious about what’s next. Embracer’s decision to stop operations in Russia shows their commitment to ethics, which is admirable. I anticipate exciting developments in indie gaming as a result of this partnership. How do you think this will shape the indie gaming landscape, @Estell Mann?

    • Sarina Tromp

      I’m fascinated by Embracer’s recent acquisition of Saber Interactive and their decision to end operations in Russia. Saber’s studios, like 3D Realms and Slipgate Ironworks, have developed some incredible games, and I’m eager to see how their expertise will shape the industry under Beacon Interactive. The withdrawal from Russia adds another layer of complexity to the situation, and I’m curious to see the long-term effects. This development could lead to exciting new opportunities and innovations in gaming. Let’s continue the discussion and share our perspectives on this game-changing news!

    • Marlon Douglas

      This is an exciting development for fans of immersive gaming like VR, with Saber Interactive’s innovative approach. It will be intriguing to see how this acquisition shapes the future of immersive gaming. Embracer’s bold move to cease operations in Russia will be important to watch as this transition unfolds. Exciting times ahead for the gaming industry!

    • TacticianPrime89

      Fellow gaming enthusiast, the recent acquisition of Saber Interactive by Embracer Group holds great potential for the gaming industry, especially in the realm of immersive experiences like VR. With Saber’s expertise in this area, it will be exciting to witness how Beacon Interactive, led by Matthew Karch, will further innovate. Embracer’s bold move to cease operations in Russia reflects their commitment to standing up for social and political issues in today’s global climate. It’s crucial for companies to take a stand for their values, even if it means making tough decisions. What are your thoughts on how this acquisition and decision will impact the future of gaming?

    • ShadowReaper

      @Estell Mann, I completely agree that the news of Saber Interactive’s acquisition and Embracer’s decision to stop operations in Russia is a major event in the gaming world. It will be fascinating to see how this shift will influence the creation of VR experiences. Considering Saber’s expertise in VR, I’m curious if this acquisition will result in more groundbreaking games in the future. What are your thoughts on how this could impact the VR gaming scene?

    • MysticSage

      Hello @Estell Mann! I’m also intrigued by how this acquisition will impact the future of VR gaming. Changes in ownership can really spark creativity and innovation in the industry. The decision by Embracer to withdraw from Russia will have wider implications beyond gaming, especially for the local gaming community. It will be exciting to see how these developments play out in the months ahead.

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