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The deal is scheduled to be finalized in June of this year.\u003C\u002Fp>\u003Cp>Gearbox, known for titles such as the \u003Cstrong>Borderlands\u003C\u002Fstrong> series, which is published by Take-Two, was already collaborating with the company on an upcoming game in the franchise. With the acquisition, Take-Two will also take over ownership of other Gearbox franchises, such as Homeworld, Risk of Rain, Brothers in Arms, and Duke Nukem, as well as future titles from the developer.\u003C\u002Fp>\u003Cp>Gearbox will continue to operate under the 2K brand of \u003Cstrong>Take-Two\u003C\u002Fstrong> and will be led by its founder and CEO, Randy Pitchford. The acquisition aims to strengthen Take-Two's intellectual property portfolio, including the popular Borderlands franchise.\u003C\u002Fp>\u003Cp>For Gearbox, this new partnership represents an opportunity for growth and development, with Pitchford expressing excitement about the next chapter of the company.\u003C\u002Fp>\u003Cp>The acquisition of Gearbox by Take-Two is part of an ongoing restructuring process at \u003Cstrong>Embracer Group\u003C\u002Fstrong>, which aims to optimize its resources and drive long-term growth. 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