Embracer Group is on the brink of finalizing a deal to sell Saber Interactive to a private investor group, a transaction that could reach a staggering $500 million mark.
According to a source familiar with the situation cited by Bloomberg, Saber will remain committed to its ongoing development efforts, particularly focusing on the highly anticipated remake of Star Wars: The Knights of the Old Republic.
This prospective sale stands as Embracer’s most significant strategic maneuver as part of its ongoing restructuring program, reflecting the company’s proactive approach to optimizing its portfolio and operations.
The decision to divest Saber Interactive stems from Embracer’s recent setback, wherein a substantial $2 billion deal fell through, prompting a series of organizational adjustments including layoffs and studio closures.
Embracer initially acquired Saber Interactive back in 2020 for a sum of $525 million, positioning it as a valuable asset within its diverse portfolio.
The transition of the Star Wars: Knights of the Old Republic remake project to Saber Interactive from Aspyr Media in 2022 marked a pivotal moment, especially after the project had languished in indefinite hiatus.
Looking ahead, Saber Interactive is gearing up for several high-profile releases, including Warhammer 40,000: Space Marine 2, John Carpenter’s Toxic Commando, and Expeditions: A Mudrunner Game, slated for launch this year. These upcoming titles underscore Saber’s commitment to delivering engaging gaming experiences across various genres and franchises.