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Borderlands Dev Gearbox’s Future Still Undecided Under Embracer – Report

Last September, reports surfaced about Embracer Group potentially selling off Borderlands studio Gearbox Software. Several months later, it seems like the future of the developer under Embracer is still reportedly being decided on whether to sell or stay with the company.

The report comes from sources close to Kotaku which claim that Gearbox CEO Randy Pitchford held a town hall meeting with staff last week to discuss the future of the company. Pitchford apparently told staff that a “decision had been made regarding the company’s future” and that more news will be shared next month. Initially, Gearbox mentioned to its employees that it had three options: either stay with Embracer, get sold off to another company or buy itself out and become independent. The Kotaku article states:

“Gearbox CEO and co-founder Randy Pitchford held a town hall with staff earlier this week in which he told employees that a decision had been made regarding the studio’s future, with more information to be shared next month, according to two sources familiar with the meeting. For months now Pitchford has told developers at Gearbox that there were three possible scenarios: stay with Embracer, sell to someone else, or finance a buyout and go back to being independently run. Kotaku understands that the decision was made to sell, and a deal is in the late stages of being finalized.”

Pitchford reached out to Kotaku but simply said to look forward to information arriving as soon as Gearbox has news to share, stating:

“I’m delighted that what we might be up to is interesting enough to people that you want to make a story about us for your readers. As always, we will be thrilled to share whenever we have projects to announce or news to share as we work hard towards our mission to entertain the world.”

This news comes in light of Embracer Group also potentially selling off Saber Interactive to a group of private investors, which will allow the developer to continue work on the Star Wars: Knights of the Old Republic Remake.

Last November, the LinkedIn profile of a former Gearbox employee accidentally leaked the existence of Borderlands 4 and Tiny Tina’s Wonderlands 2. That gives us a good idea about what Gearbox Software is working on next. As expected, it looks like the studio is leaning on its flagship IP which still draws in millions of players with each new entry. As with all rumours and reports, take this with a pinch of salt until we get a confirmation directly from Gearbox Software or Embracer Group.

Source: Kotaku

Editor-in-Chief of Nexus Hub, writer at GLITCHED. Former writer at The Gaming Report and All Otaku Online. RPG addict that has wonderful nightmares of Bloodborne 2.

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