Saber Interactive confirmed to split from Embracer Group

There have been omens and portents enough, now things are official: Saber Interactive and the Swedish entertainment giant Embracer Group are going their own ways. Beacon Interactive, a company controlled by Saber co-founder Matthew Karch, acquired Saber Interactive and many of its subsidiaries from Embracer for a price of $247 million USD. Embracer CEO Lars Wingefors hailed this move as a “win-win solution for Embracer and the parts of Saber that now will leave us.” He stated that both companies are going to be in much stronger positions and emphasized that this divestment allows Embracer to cease operations inside Russia, which the board had decided upon a while ago due to the country’s invasion of Ukraine. Karch echoed the sentiment and stated that both parties would continue to work together on a number of projects. “Over the past four years, I have been proud to be part of Embracer’s amazing transformation into one of the leading game companies in the world,” he said. “As part of the company’s efforts to