Borderlands Studio Owner Embracer Defends Decision To Take $1 Billion From Saudi Arabia
The Saudi government continues to push into the world of video games, with its latest investment being $1 billion into Embracer Group, the European giant that owns Borderlands studio Gearbox. Embracer CEO Lars Wingefors has now responded to the criticisms of this deal, which was led by the kingdom’s Public Investment Fund (PIH) and specifically its Savvy Gaming Group (SGG) division.
Wingefors said in a statement that he received “many questions” about the deal, prompting him to share background and context around the decision to take Saudi Arabia’s money.
“I understand and respect that there are different views on this topic. I don’t claim to have the right answers, but I want it to be clear that this decision was not taken lightly,” he said.
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Source: Game Spot Mashup