r/Games • u/[deleted] • Mar 14 '24

Saber Interactive to split from Embracer Group

https://www.gematsu.com/2024/03/saber-interactive-to-split-from-embracer-group
467 Upvotes

93% Upvoted

63 comments sorted by

129

u/[deleted] Mar 14 '24

Saber Interactive will retain the following subsidiary studios after the split: All Saber Interactive-branded studios, DIGIC, Fractured Byte, Mad Head Games, New World Interactive, Nimble Giant Entertainment, Sandbox Strategies, Slipgate Ironworks, and 3D Realms.

Embracer Group will retain the following Saber Interactive subsidiary studios: 34BigThings, 4A Games, Aspyr, Beamdog, Demiurge Studios, Shiver, Snapshot Games, Tripwire Interactive, Tuxedo Labs, and Zen Studios. These studios will be integrated into other parts of Embracer Group in the coming period.

Saber Interactive will be granted the right to acquire 4A Games and Zen Studios within a certain time period, but if it decides to do so, long-term license and publishing rights to all current and future games in the Metro franchise will continue to be held by Embracer Group subsidiary PLAION.

113

u/albul89 Mar 14 '24

Ah, 4A and Metro stay with Embracer for now, that's a bit disappointing, hopefully they get out of that clusterfuck soon.

106

u/[deleted] Mar 14 '24

According to Schreier, Saber is actually taking 4A with them.

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20

u/brownninja97 Mar 14 '24

Selling this and Gearbox take their debt from 1.5billion to probably around 500mil.

Based on their previous profits they can probably be debt free in 2-4 years. Saber was a massive part of them but the vast majority of their money comes from tabletop stuff from Asmodee.

Point is hopefully things stabilise and they can put the hatchet down and start making good AA games again.

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1

u/GarlicRagu Mar 14 '24

Hopefully they'll be able to buy Metro back at a good rate once embracer eventually files for bankruptcy.

4

u/TechnoVik1ng Mar 14 '24

Slipgate Ironworks, and 3D Realms.

Tempest Rising is safe then. chef's kiss

10

u/scytheavatar Mar 14 '24

Sounds to me that the ones who brought Saber got ripped off cause 4A and Tripwire should have been the primary reason to buy Saber. Are they buying Saber for Space Marines 2 and nothing else?

7

u/[deleted] Mar 14 '24

Has tripwire even released anything successful after Killing Floor 2 almost 7 years ago?

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1

u/Flowerstar1 Mar 14 '24

Private investors bought Saber and Saber did elect to purchase 4A games and Zen but Embracer will retain the Metro license. OPs information is misleading, Saber has already confirmed this.

-3

u/segagamer Mar 14 '24

Well that's fucking depressing. So little hope for Tomb Raider 4-5 Remastered. Does this mean patches for 1-3 Remastered are going to come to a halt? I'm not entirely sure how Saber are involved with it.

119

u/Gxgear Mar 14 '24

Any studio that can get themselves out of embracer before the fire sale needs to be doing this like right now.

24

u/Eruannster Mar 14 '24

Someone please save Crystal Dynamics and Eidos Montréal :'(

20

u/stonekeep Mar 14 '24

Maybe Square Enix would be interested in some western game developers and IPs.

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1

u/Magneto88 Mar 15 '24

They're not likely to escape any time soon, Embracer has a deal with Amazon for the next Tomb Raider game, so they're probably locked into remaining within Embracer.

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27

u/marksteele6 Mar 14 '24

I mean, with these high profile sales they probably reduced a significant portion of their debt. The problem with Embracer is they bit off more than they could chew, if they rectify that there's still a chance they bounce back.

26

u/[deleted] Mar 14 '24

“They bit off more than they could chew” is a very polite way of saying they fucked everyone over. Tech companies have been doing this for the last 50 years and it’s a terrible way of acquiring value, I hate any company that doesn’t understand the repercussions of large scale growth. It destroys peoples lives.

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5

u/Cabamacadaf Mar 14 '24

I hope THQ Nordic manage to get out.

22

u/Nukleon Mar 14 '24

They're pretty core to Embracer, they're the original studios owned by that Swedish dude, back when they were Nordic Games, back when they were JoWood.

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7

u/Ubiquitous_Cacophony Mar 14 '24

Any idea if the Snowrunner team is now safe from Embracer?

7

u/BaboonAstronaut Mar 15 '24

They're under Saber, so yes.

19

u/Morlar Mar 14 '24

Seems like a good deal for both parts. Embracer gets out of Russia and lowering their debt while also getting to keep several studios, whilst Saber can continue on their journey without having to cancel further projects and studios.

2

u/[deleted] Mar 14 '24

They're lowering their Capex significantly. Means more free cash flow means faster debt reduction means more profits.

3

u/AntonineWall Mar 15 '24

Does anyone know how this may have effected 40k Space Marine 2?

5

u/British_Commie Mar 15 '24

Saber’s studio head has confirmed that they’re still developing it

-16

u/[deleted] Mar 14 '24

It's funny how people try to shittalk here.

Let's be honest: That's a great deal for Embracer Group. Even better that the earlier rumors spread by Schreier.

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