Take-Two Acquires Gearbox: New Borderlands Game on the Way! - Gaming News - eTail EU Blog
Take-Two Acquires Gearbox: New Borderlands Game on the Way!

The gaming world was met with a big surprise last week. Take-Two, the parent company of Rockstar and owner of GTA, acquired Gearbox Software, the developer of Borderlands. This deal has caused a stir in the gaming industry as Gearbox is known as a significant studio recognized for the Borderlands series.

Details of the Deal

Take-Two acquired the Texas-based studio for $460 million. The payment was made in Take-Two shares valued at $460 million. The acquisition is expected to be completed before June. After that, the 2K logo will continue to appear in games developed by Gearbox.

New Games Coming!

Take-Two, the new owner of Gearbox, also made statements about the developer’s roadmap for the new period. There are six productions at different stages of development. Five of these are sequels, including games from the Borderlands and Homeworld series. Homeworld 3 will be released in May. Meanwhile, the new Borderlands game was confirmed for the first time.

Take-Two’s Future Plans

Take-Two is quite enthusiastic for new projects and sequels of existing brands. Statements from the company indicated that Gearbox will have access to Take-Two’s resources for future projects.

This acquisition has caused a stir in the gaming world as Gearbox is known as a significant studio recognized for the Borderlands series. With this deal, Take-Two has added popular game series and significant game studios to its portfolio.

In conclusion, Take-Two’s acquisition of Gearbox increases competition in the industry, while Embracer’s holding of assets seems to maintain a strong position that will increase diversity and competition in the industry. The gaming industry seems to be entering an exciting turning point.

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