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# Embracer Group Sells Saber Interactive for $247 Million: What This Means for the Future

**[Collections](https://daily.dev/sources/collections)** · 2 min read · 1 upvotes · 0 comments

## Summary

Saber Interactive has divested 'core' assets to Embracer Group for $247 million, marking a significant shift in the gaming industry. Speculation is rife about the next entity within Embracer Group to be sold. Embracer is also exiting all operations in Russia. Despite the divestment, a strong partnership between Embracer and Saber co-founder will continue.

## Content

In a surprising move, Saber Interactive has completely removed all references to Embracer from its website, sparking rumors of a potential sale. Embracer Group, on the other hand, has officially announced the divestment of 'core' assets of Saber Interactive for a staggering $247 million. This deal includes 38 ongoing development projects and prominent studios like 3D Realms, Slipgate, and New World Interactive. However, Embracer will still retain a number of studios and companies while Beacon Interactive has the option to acquire Metro developer 4A Games and Pinball FX maker Zen Studios.

This divestment not only marks a significant shift in the gaming industry but also signals Embracer's strategic decision to reduce its net debt. Embracer, a struggling games firm, is looking to strengthen its financial position by selling off various assets. With the recent sale of Saber Interactive, speculation is rife about which entity within Embracer Group will be sold next. Potential sales candidates include THQ Nordic, Plaion, Gearbox, Crystal Dynamics/Eidos Montreal, Asmodee Group, Dark Horse Media, Coffee Stain, Amplifier Game Invest, Deca Games, Easybrain, and Freemode by Embracer.

As part of this transaction, Embracer Group is also exiting from all operations in Russia. This move comes as a surprise as Russia has always been a key market for the gaming industry. In addition, Embracer and Saber co-founder will continue to collaborate on future projects, indicating a strong partnership despite the divestment. The recent developments surrounding Embracer Group's asset sales will no doubt be a topic of interest at the upcoming GamesBeat Summit 2024, which will revolve around the theme of 'Resilience and Adaption.'

The gaming industry is witnessing a major shake-up with Embracer's strategic divestments. Only time will tell what lies ahead for this ever-evolving sector.

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---

Tags: [#gaming](https://daily.dev/tags/gaming), [#game-development](https://daily.dev/tags/game-development), [#acquisition](https://daily.dev/tags/acquisition)

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