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Embracer Group Shuffles Gearbox Publishing Into Arc Games Amid Company Restructuring 444e3d

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The restructuring at Embracer Group continues as the video game holding company shuffles Gearbox Publishing into Arc Games after selling off Gearbox Entertainment to Take-Two Interactive in a $420 million stock deal late last month. The deal saw Take-Two acquire full ownership of Gearbox Software, Gearbox Quebec, and Gearbox Montreal and its respective games which are now under the supervision [...]

Embracer Group Sells Gearbox Entertainment For Parts To Take-Two Interactive 1j2v2q

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After Gearbox Entertainment CEO Randy Pitchford all but denied rumors that Embracer Group was selling them off earlier this month, a press release now confirms that the Swedish video game holding company did just that. Most of Gearbox and its exclusive IPs have now been acquired by Take-Two Interactive in a $460 million stock deal. Gearbox Entertainment is now part [...]

Sources Reveal Embracer Group Is Selling Gearbox Publishing Amid Ongoing Restructuring 6ez43

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Embracer Group is reportedly selling off Gearbox Publishing in the aftermath of its tanked multi-billion-dollar partnership deal last year. Rumors that the publishing group was for sale began last fall and have recently been corroborated by anonymous sources. Gearbox co-founder and CEO Randy Pitchford apparently gave his employees three options: stay with Embracer Group, sell to another company, or buy [...]

Forsaken World Is Shutting Down On November 30, 2022 1i681f

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Gearbox Publishing, formerly known as Perfect World Entertainment, announced on April 28, 2022 that Forsaken World servers would be shut down on November 30, 2022 thus ending the game's 11 year run. The full message can be viewed below, or via the Arc Games official post. Hello Forsaken World players, It is with great sadness and a heavy heart that [...]

Perfect World Entertainment Has Been Renamed As Gearbox Publishing 413j4

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In line with Embracer Group’s acquisition of Perfect World Entertainment in North America, video game and media holding company is renaming PWE’s North American arm as Gearbox Publishing. Embracer officially acquired the publisher earlier this year along with its subsidiaries, including Cryptic Studios and Runic Games, and placed them under Gearbox’ umbrella where they continue to operate independently. “Early in [...]

Forsaken World 6k5e1i

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Forsaken World is a 3D fantasy MMORPG set in the world of Eyrda. With 6 races and 9 classes to choose from, Forsaken World gives players quite a bit of variety. It's one of the only MMORPGs to feature Vampires as a playable class. Publisher: Gearbox Publishing Type: MMORPG Release Date: June 14, 2011 (NA/EU) Shut Down: November 30, 2022 [...]