Next Borderlands Game In "Active Development"

As part of the wider announcement that Take-Two has acquired Gearbox from Embracer, Take-Two announced that Gearbox is now in "active development" on the next Borderlands title.

In February this year, Gearbox founder and CEO Randy Pitchford teased the company's next game, saying it is the "greatest thing we've ever done." Many believe it's the rumored Borderlands 4. The latest entry in the main series was 2019's Borderlands 3. In 2022, the spin-off Tiny Tina's Wonderlands was released, and a sequel is reportedly in the works.

Whatever the next game is, the new Borderlands game is just one of many upcoming games from Gearbox. There are six "key interactive entertainment projects" in the works currently at Gearbox in various stages of development. These include five sequels, including the aforementioned Borderlands game and the next Homeworld title, along with "at least one" new IP.

In addition to these six games, Take-Two said it sees opportunities to "invest in new projects and to expand Gearbox's proven franchises."

Take-Two and Gearbox had worked together previously on every Borderlands game, and that relationship continued despite Gearbox being owned for a period of time by Embracer. However, Take-Two has now taken full ownership of Gearbox's development teams and its franchises for the price of $460 million.

Gearbox founder and CEO Randy Pitchford said getting acquired by Take-Two will help Gearbox "ascend to our next level."

In the future, Gearbox will become a 2K studio led by Pitchford and his management team. Gearbox has teams in Frisco, Texas; Montreal, Canada; and Quebec City, Canada.