On April 8, the Remnant 2<\/em> X page shared a post stating its publisher, Gearbox Publishing, has changed its name to Arc Games. Many users were confused by the sudden announcement, but given recent events, it was only a matter of time.<\/p>
While the post doesn’t explain the reason for the name change, it reassures fans that the publisher still consists of the same team of passionate gamers. The post mentions a few upcoming games that will be published under the new brand, and teases the iii-initiative showcase happening on April 10.<\/p>

The name change happened because several weeks ago, Embracer sold one of its assets.<\/p>
On March 28, Embracer issued a press release<\/a> announcing it’s letting go of the Gearbox Software development division and selling it off to Take-Two Interactive<\/a>. Despite parting with the development branch, Embracer still owns Gearbox Publishing, and opted to rename it to Arc Games.<\/p>
Franchises like Borderlands<\/em>, Homeworld<\/em>, Risk of Rain<\/em>, and Brothers in Arms<\/em> are now under the Take-Two and Gearbox banner, while games like Remnant<\/em><\/a>, Neverwinter Online<\/em>, Star Trek Online<\/em>, and Hyper Light Breaker<\/em> now have the new Arc Games logo. <\/p>
Last year, Embracer announced it has 220 game projects in development<\/a>, but given the group\u2019s recent behavior, there is considerable skepticism. The remake of Saints Row<\/em><\/a> was met with mixed or average reception<\/a>, and Embracer shut down the development studio shortly after the game\u2019s launch. There have also been many layoffs and project cancellations<\/a> within the group’s acquired assets, which didn\u2019t leave a good impression on the gaming community.<\/p>