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Microsoft’s 25th Anniversary Xbox Series X Could Be Its Most Expensive Console Yet

Microsoft’s 25th Anniversary Xbox Series X Could Be Its Most Expensive Console Yet https://ift.tt/wIuol6Z It's the 25th anniversary of Xbox this year, and to celebrate, Microsoft is releasing a limited-edition version of the Xbox Series X that is reportedly very expensive. Announced earlier this year, the new model could cost as much as $900, and a new leak claims that it'll be released on November 27. At the time of writing, that means you'd need to save up a little over $9 a day to afford this console. Would you pay extra for a limited-edition Xbox Series X? According to the usually reliable Dealabs , this version of the Xbox Series X will cost $100 more than the current Xbox Series X, which features a "carbon black" design. That's also the same price as a PlayStation 5 Pro , following its price increase earlier this year. While it's not as powerful as Sony's beefier machine, it does include a disc drive. It's also worth noting that thi...
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Take-Two Buys Gearbox Entertainment From Embracer For $460M

Take-Two Buys Gearbox Entertainment From Embracer For $460M https://ift.tt/k1CBDEw

After months of rumors that Embracer Group was looking for buyers for Borderlands developer Gearbox Entertainment, the studio is now officially being sold to 2K parent company Take-Two Interactive in a deal worth $460 million.

Gearbox was one of Embracer Group's biggest acquisitions when it bought the company in 2021, in a deal worth up to $1.3 billion. As the deal was based on Gearbox reaching certain milestones, it's unclear how much of that $1.3 billion Embracer ended up paying out beyond $363 million in guaranteed upfront payments.

Now, as reported by Brian Crecente on X, Take-Two Interactive has purchased Gearbox for $460 million, which will be paid out in Take-Two shares. The purchase includes Gearbox Software in Texas, Gearbox Montreal, and Gearbox Studio Quebec, and will cover Gearbox IP including Borderlands and Tiny Tina's Wonderlands, Risk of Rain, Brothers in Arms, and Duke Nukem.

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