HomeNew ReleasedGearbox Entertainment to acquire Lost Boys Interactive

Gearbox Entertainment to acquire Lost Boys Interactive

Gearbox Entertainment to acquire Lost Boys Interactive

Gearbox Entertainment to acquire Lost Boys Interactive


Gearbox Software

Picture: gearboxsoftware.com

Gearbox Leisure has determined to accumulate Tiny Tina co-developer Misplaced boys Interactive for an undisclosed quantity.

Misplaced Boys Interactive was shaped in 2017 and since then has labored by itself PC and console IP in addition to co-development of different initiatives.

Other than being a studio that contributed to the event of PlayerUnknown’s Battlegrounds and the Name of Obligation franchise, Misplaced Boys Interactive additionally collaborated with Gearbox on the most recent Borderlands spin-off title, Tiny Tina’s Wonderlands, which was launched final month.

Whereas Misplaced Boys will grow to be a subsidiary of Gearbox Leisure, the studio will proceed to function independently in collaboration with different Gearbox groups on the event of future online game titles.

On the time of scripting this, Misplaced Boys has 220 workers members which when mixed with different Gearbox’s workers will make a workforce of 1300. Misplaced Boys is planning to extend its workforce to 350 by the 12 months 2024. The corporate’s fundamental workplaces are situated in Madison, Wisconsin, and Austin, Texas whereas working on a ‘remote-first’ mannequin.

Shaun Nivens, the CEO of Misplaced Boys Interactive shall be reporting on to Gearbox Software program president Steve Jones.

Shaun Nivens knowledgeable that Misplaced Boys was based with a dream to work on merchandise that will be globally acknowledged and beloved and that they’re extremely excited to hitch Gearbox and proceed doing what they do finest which is making wonderful video games that entertain and encourage others.

Fenwick & West served as authorized counsel to Gearbox, whereas Juno Capital Companions served as M&A and strategic advisor and the EY served as a monetary and tax advisor.

Additionally it is price noting that Gearbox was acquired by Embracer Group final 12 months in a deal price $1.3 billion.



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