A new report is claiming Embracer Group will sell off Saber Interactive, the latest in the giant publisher’s cost-cutting measures.
The new report (via Bloomberg) claims Saber Interactive will buy itself back from Embracer Group for a deal worth up to $500 million.
Sources familiar with the new deal also claim that Saber Interactive will continue working on the Star Wars: Knights of the Old Republic remake, which they reportedly took over development from Aspyr Media.
Embracer Group has been systematically closing internal studios and laying off staff alongside the new rumored sales, all in an effort to cut back on costs and regroup after another report said they lost out on a $2 billion investment deal.
Saber Interactive is both a developer and a publisher as they have their own subsidiaries ranging from 3D Realms, Beamdog, the aforementioned Aspyr Media, and more. They employ over 2,500 employees worldwide across all their internal studios and subsidiaries.