The deal comes as Lionsgate is releasing Eli Roths theatrical adaptation of Borderlands in August.
He will continue to run it, along with current management, as a studio within Take-Two.
Take-Two and 2K have demonstrated repeatedly their commitment to our engine of generating creativity, happiness, and profit.
‘Borderlands’Lionsgate
Im incredibly excited about what we can accomplish now that were fully aligned as one.
Gearbox operates studios in Frisco, Texas, Montreal and Quebec City.
The transaction excludes certain third-party publishing and other assets that Take-Two deemed non-core to its business.
