Embracer to sell Saber, Star Wars: KotR remake dev, for $500M

Embracer Group has plans to sell Saber Interactive, one of its largest subsidiaries, to a group of private investors in a deal worth up to $500 million. This transaction would make Saber privately-owned and independent with around 3,500 employees per Bloomberg’s original report.

Currently, Saber is working on a remake of Star Wars: Knights of the Old Republic. BioWare originally released the roleplaying game set in a galaxy far, far away in 2003. Embracer initially announced the remake in 2021 with its subsidiary, Aspyr Media, as the developer in collaboration with Sony Interactive Entertainment. However, the title was delayed the following year and Embracer shifted the project from Aspyr to Saber in 2022.