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Mar 14, 2024 · Matthew Karch, Saber Interactive. Beacon Interactive has been named as a buyer of parts of Saber Interactive through a deal with Embracer Group. Taking a closer look at the new owner, it can be assumed that Saber bought itself out of the Swedish holding company through a newly established entity.
Mar 14, 2024 · Embracer Group has entered into an agreement to sell Saber Interactive to Beacon Interactive, a company controlled by Saber Interactive co-founder Matthew Karch, for a purchase price of...
Mar 14, 2024 · 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...
- Andy Chalk
In March 2024, following earlier reports, Embracer Group announced that it would divest Saber Interactive by selling it to Beacon Interactive, a company owned by Karch, for US$247 million.
Apr 8, 2024 · We spoke with Saber Interactive CEO Matthew Karch about the past, present, and future of Saber now that it’s separate from Embracer Group once more.
- Rebekah Valentine
Mar 14, 2024 · Through this divestment, Embracer ceases all operations in Russia, while immediately improving cash flow, reducing capex, net debt and future liabilities. The buyer is Beacon Interactive (the “Buyer”), a company controlled by Saber Interactive co-founder Matthew Karch.
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Mar 14, 2024 · In a significant shift for the gaming industry, Saber Interactive has become independent from Embracer Group, following a $247 million deal. The sale was to Beacon Interactive, a new company formed by Matthew Karch, a co-founder of Saber.