Embracer Reportedly Set To Sell Star Wars: KOTOR Remake Dev Saber Interactive In $500 Million Deal

Embracer Group, the company behind the closure of Saints Row studio Volition Games and layoffs at companies like Eidos-Montréal and Black Forest Games, is set to sell Star Wars: Knights of the Old Republic remake developer Saber Interactive, according to a new Bloomberg report. Embracer is selling the developer to a group of private investors in a deal worth $500 million, a source told the publication. 

Once the deal goes through, Saber Interactive will be a privately owned company and free from Embracer, which is behind layoffs spread throughout the past couple of years. Following the transaction, the studio will continue work on its Star Wars: Knights of the Old Republic remake, which it took over as the developer after Aspyr Media was removed from it in 2022. 

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Bloomberg reports this sale is another effort of Embracer to cut costs alongside studio closures and layoffs after a planned $2 billion deal with Saudi Arabia-backed Savvy Games Group fell through in 2023. The publication writes one of its sources says the $500 million deal comes with the option for Saber Interactive to bring with it multiple Embracer subsidiaries as well. 

Saber Interactive is also working on the recently announced first-person Jurassic Park: Survival. 

[Source: Bloomberg]