Take-Two Acquires Gearbox for $460M, Gains Borderlands IP
- Take-Two buys Gearbox from Embracer Group for $460 million in shares
- Gearbox studios and IPs like Borderlands, Tiny Tina's Wonderlands, and Homeworld included in sale
- New Borderlands and Homeworld games currently in development at Gearbox
- Gearbox to join Take-Two's 2K label, Randy Pitchford to remain CEO
- Comes amid Embracer Group's selling off studios after failed acquisition spree