Star Wars: Knights of the Old Republic Remake Dev is Getting Sold for $500 Million

Swedish video game and media company Embracer Group AB is reportedly selling Saber Interactive, the developer responsible for the upcoming Star Wars: The Knights of the Old Republic remake. Knights of the Old Republic was a ground-breaking addition to the original Xbox back in 2003, not to mention the Star Wars franchise. KOTOR's release was met with critical acclaim, and the title has even appeared on many «best game of all time» lists.

Despite being a fresh take on one of the most celebrated video games ever created, the KOTOR remake has had a troubled development period, to say the least. The KOTOR remake was announced as a timed PS5 exclusive in 2021, but the once-promising title has since experienced setback after setback. Fans were initially excited to hear that former BioWare devs and original voice actors were returning for this ground-up remake, but after numerous delays, rumors even circulated claiming the project to be canceled entirely. That doesn't appear to be the case, but Saber Interactive potentially faces yet another hurdle in its efforts to remake this legendary game.

Bloomberg reporter Jason Schreier reports that Embracer Group AB is selling off Saber Interactive «to a group of private investors» for up to $500 million. Embracer purchased Saber Interactive in 2020 for $525 million, but the group has been selling and even shutting down subsidiaries in the past year partially thanks to rising interest rates. Schreier's source claims Saber could potentially bring more Embracer subsidiaries along as part of the deal. Saber Interactive still plans to continue development on the Star Wars: The Knights of the Old Republic remake.

The remake of one of the all-time best Star Wars games already faced an uncertain future before Saber Interactive moved. Still, it's encouraging to hear the developer plans to continue its endeavors. No release date or window has been offered either before or after the news of the acquisition, and it's not clear what point in