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Valve's Steam Frame Will Support Android Games

Valve's Steam Frame Will Support Android Games https://ift.tt/qiFB6JZ Valve has unveiled its first look at its new gaming machines , including Steam Frame, a virtual reality headset that can handle VR and non-VR games. Apparently, Steam Frame is also being used as a way to bring Android games directly to Steam users. According to The Verge , Valve will support and encourage developers to bring Android apps to Steam. As part of this initiative, Valve will release a Steam Frame developer kit for developers who already use Android APKs for apps and VR headsets on Android phones. "From the user's perspective, our preference is that they don't even have to think about it," explains Valve engineer Jeremy Selan. "They just have their titles on Steam, they download them and hit play ... They're really VR developers who want to publish their VR content, and they're porting a mobile VR title where they're already familiar with how to make those APKs. They...
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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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