Microsoft Allegedly Tried To Acquire Gearbox But Backed Out
It has been revealed that before Embracer Group’s acquisition of Gearbox Software earlier this week, Microsoft had looked into acquiring the studio instead, but backed out. Embracer Group, the parent company of multiple studios such as Koch Media and THQ Nordic, recently acquired Gearbox for $1.3 billion, but the merger was only made possible because Microsoft pulled out of any potential acquisition according to Segment Next and journalist Brad Sams. There’s no explanation as to why Microsoft halted negotiations, but it could be due to the studio’s price tag or 2K’s unwillingness to part with the Borderlands franchise....