Embracer to sell Saber, Star Wars: KotoR remake dev, for $500 million

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Kisser Band has plans has sell Saber Interactive, A of It is the biggest subsidiaries, has A band of private investors In A agreement value up has $500 million. This transaction would be TO DO Saber private property And independent with around 3,500 employees by Bloomberg original report.

Currently, Saber East functioning on A redo of Star Wars: Knights of THE Old Republic. BioWare initially released THE play a role game together In A galaxy far, far far In 2003. Kisser initially announcement THE redo In 2021 with It is subsidiary company, Aspyre Media, as THE developer In collaboration with Sony Interactive Entertainment. However, THE title was delayed THE following year And Kisser offbeat THE project Since Aspyre has Saber In 2022.

Following A unprecedented Mergers and Acquisitions party, Kisser Band East In THE medium of A massive reorganization And cost reduction initiative. THE Swedish conglomerate East consolidation It is assets And formwork A number of studios.

Saber East Headquartered In Strong Lauderdale, Florida with studios around THE world. THE studio East best known securities as World War Z And Snow runner. THE developer has several Games together has release This year, including Space Marine 2 And Jurassic Park Survival.

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Kisser acquired Saber In 2020 For $525 million. Following This acquisition, Kisser folded several of It is other new studios In Saber, such as Demiurge Workshops And New World Interactive.

As Kisser Band East look For manners has aggressively reduce costs, This agreement allow THE business has take a few debt disabled It is balance leaf. It is not clear how a lot of Saber And Kisser subsidiaries are included In THE agreement. Bloomberg noted that THE agreement understand THE option has bring along other Kisser subsidiaries.

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