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Lars Wingefors in gaming news

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Andy Chalk - Jason Schreier - Lars Wingefors - Matthew Karch - Embracer Group sells off Space Marine maker Saber Interactive and most of its studios for $247M, but the price could go a lot higher - pcgamer.com - Russia

Embracer Group sells off Space Marine maker Saber Interactive and most of its studios for $247M, but the price could go a lot higher

Embracer Group has announced the sale of Saber Interactive to a company called Beacon Interactive, founded by Saber co-founder Matthew Karch, in a deal worth $247 million, although options in the deal mean that price could go much higher. The deal will also see Embracer halt all operations in Russia, which the company said in a presentation «reduces geopolitical risk.»

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Steve Michaels - Lars Wingefors - Star Wars: KOTOR Remake Gets Disappointing Update - gamerant.com

Star Wars: KOTOR Remake Gets Disappointing Update

In a series of announcements, Embracer Group has hinted that gamers shouldn't expect to get their hands on the upcoming Star Wars: Knights of the Old Republic remake this year. BioWare's classic action RPG released back in 2003, but it's still remembered fondly by fans. Star Wars: Knights of the Old Republic was part of what many gamers refer to as the developer's «golden age,» and more than a few players have been eager to see it updated for modern consoles.

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Lars Wingefors - Matthew Karch - Embattled publisher Embracer sells off Saber assets, withdraws from Russia - eurogamer.net - Russia - Sweden

Embattled publisher Embracer sells off Saber assets, withdraws from Russia

Troubled video game publisher Embracer has announced the sale of more of its assets — this time, large portions of Saber Interactive, for the price of $247m.

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Jordan Middler - Lars Wingefors - Payday 2 now has almost 85 times as many average players as Payday 3 - videogameschronicle.com

Payday 2 now has almost 85 times as many average players as Payday 3

2013’s Payday 2 has almost 85 times as many average players on Steam as 2023’s Payday 3.

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Harvey Randall - Lars Wingefors - Randy Pitchford - Borderlands studio Gearbox reportedly in the 'late stages' of a sale, as Embracer Group continues to hack off parts of itself to keep the lights on - pcgamer.com

Borderlands studio Gearbox reportedly in the 'late stages' of a sale, as Embracer Group continues to hack off parts of itself to keep the lights on

Rumours circulating last year that Borderlands creator Gearbox Studios is to be sold appear to have sprouted fruit. This would mark its exit from the shadow of the proverbial colossus Embracer Group, which has been having an, ah, interesting year and a bit to say the least.

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Andy Chalk - Lars Wingefors - Embracer Group will reportedly sell Space Marine 2 studio Saber Interactive for $500 million - pcgamer.com - Sweden - Saudi Arabia

Embracer Group will reportedly sell Space Marine 2 studio Saber Interactive for $500 million

A Bloomberg report says that Swedish holding company Embracer Group has reached a deal worth as much as $500 million to sell its Saber Interactive division to a group of private investors. The deal will make Saber Interactive a privately owned company, according to the report, with approximately 3,500 employees.

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Tomas Franzese - Phil Spencer - Lars Wingefors - Xbox and Embracer’s mass layoff explanations aren’t good enough - digitaltrends.com - Saudi Arabia

Xbox and Embracer’s mass layoff explanations aren’t good enough

The wave of layoffs that has happened over the past year in the video game industry is well-documented. Some of the biggest culprits are Embracer Group, which has laid off nearly 1,400 workers across several of its studios since the start of a restructuring program last July, and Microsoft, which laid off 1,900 developers across Xbox, Bethesda, and Activision Blizzard in January. After relative silence around these layoffs, leadership at both companies finally tried to offer more transparently into what happened.

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Charming Holiday - Lars Wingefors - Embracer Layoffs Designed to 'Maximize Shareholder Value' - gamerant.com - Sweden

Embracer Layoffs Designed to 'Maximize Shareholder Value'

In a recent statement by CEO Lars Wingefors, it was revealed that Embracer Group plans to continue its «restructuring» model of cutbacks in order to prioritize shareholders above all else. Having just announced even more layoffs for Embracer Group, this latest statement by the CEO has left many fans in shock.

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