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Gearbox acquires Risk of Rain franchise from Hopoo Games

Gearbox said it will continue producing "world-class" Risk of Rain content.

Chris Kerr, News Editor

November 17, 2022

1 Min Read

Gearbox has purchased the Risk of Rain franchise from developer Hopoo Games for an undisclosed fee.

Gearbox has previously worked with Hopoo to publish Risk of Rain 2, and said it intends to prove itself a worthy custodian of the franchise by continuing to produce "world-class content."

The Embracer-owned company explained it's currently working on bringing Risk of Rain 2 add-on Survivors of the Void to console, but said it also has a "very special passion project" in the works.

It's been a busy week for Gearbox. Just a few days ago, the company was gifted a new studio by parent company Embracer after Eidos Shanghai was rebranded as Gearbox Studio Shanghai to help the Borderlands developer expand into Asia.

Then, earlier today, Embracer revealed that Saints Row developer Volition will be made part of Gearbox after the reboot struggled to meet the company's full expectations.

The move represents the first time Embracer has passed a major studio between operating groups, with Volition having previously been a subsidiary of Deep Silver.

Gearbox was nabbed by Embracer in 2021 for $1.38 billion, and since then has been bolstered with the expansion of Gearbox Publishing through the rebranding of Perfect World and the acquisition of Lost Boys Interactive.

About the Author

Chris Kerr

News Editor, GameDeveloper.com

Game Developer news editor Chris Kerr is an award-winning journalist and reporter with over a decade of experience in the game industry. His byline has appeared in notable print and digital publications including Edge, Stuff, Wireframe, International Business Times, and PocketGamer.biz. Throughout his career, Chris has covered major industry events including GDC, PAX Australia, Gamescom, Paris Games Week, and Develop Brighton. He has featured on the judging panel at The Develop Star Awards on multiple occasions and appeared on BBC Radio 5 Live to discuss breaking news.

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