Gearbox has acquired Lost Boys Interactive, adding more than 200 people to its staff.
Lost Boys Interactive has also contributed to the development of major franchises like Call of Duty and PUBG.
In acquiring Lost Boys, Gearbox adds more than 220 employees, bringing its total headcount to around 1,300.
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The studio aims to grow its own staff size to 350 by 2024.
Going forward, Lost Boys will be a subsidiary of Gearbox, which itself is owned by Embracer.
Lost Boys' CEO, Shaun Nivens, will report to Gearbox president Steve Jones.
Gearbox used Fenwick & West as its legal counsel.
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