Star Wars: Knights of the Old Republic remake studio frees itself from flailing corporate overlords in $247m deal, but smaller studios haven't been so lucky

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Metro studio 4A Games is reportedly also being sold

KOTOR PS5 remake
(Image credit: Sony/Lucasfilm Games)

Embracer Group has reportedly sold Saber Interactive for just shy of $500 million, after it was reported to be in the process of selling the studio last month.

In February, it was reported that embattled parent company Embracer Group was selling the Star Wars: Knights of the Old Republic remake developer for around $500 million. Today, Embracer Group has announced the sale of Saber Interactive for $247 million, although the finer details aren't quite that simple.

Aside from the option, Saber Interactive will be retaining a number of studios, including Nimble Giant, 3D Realms, Sandbox Strategies, Slipgate Ironworks, Mad Head Games, Fractured Byte, and Digic.

The pipeline of games that have been retained by Embracer Group, despite the sale, amounts to 14 games in total. This includes one AAA game from 4A Games, a new multiplayer shooter based on an established franchise, a previously announced AAA game based on a major franchise, Teardown, and Killing Floor 3 from Tripwire Interactive. Even though 4A Games has apparently been purchased by Saber, it'll still seemingly produce a new game for Embracer.

This all follows Embracer Group canceling 29 unannounced games and shuttering seven studios within six months last year after a reported $2 billion deal to invest in the parent company fell through. We're still seeing the fallout of the deal falling through now, which is why Embracer Group has sold Saber Interactive, and could still sell 4A Games and Zen Studios.

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Hirun Cryer
Hirun Cryer

Hirun Cryer is a freelance reporter and writer with Gamesradar+ based out of U.K. After earning a degree in American History specializing in journalism, cinema, literature, and history, he stepped into the games writing world, with a focus on shooters, indie games, and RPGs, and has since been the recipient of the MCV 30 Under 30 award for 2021. In his spare time he freelances with other outlets around the industry, practices Japanese, and enjoys contemporary manga and anime.