Embracer Sells Saber Interactive for $247 Million, Exits Russian Market

[Tsing]

Embracer Group has officially sold off Saber Interactive to Beacon Interactive, a company controlled by Saber Interactive co-founder Matthew Karch, for $247 million USD, according to a new presentation with Embracer CEO Lars Wingefors that is now viewable online.

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[Dan_D]

What's interesting is I don't see DECA games, which is where they moved Star Trek Online. Based on their earnings calls its still a solid earner. It was operating under Cryptic but has now been moved to DECA and Cryptic is effectively being shut down.