Crystal Dynamics, Eidos-Montreal, and Square Enix Montreal become part of the Embracer Group along with licenses for Tomb Raider, Deus Ex, Thief, Legacy of Kain, and many others.
In a press release yesterday, the Embracer Group announced it would buy Crystal Dynamics, Eidos-Montréal, and Square Enix Montréal from Square Enix for $ 300 million. Along with them, they will become the owners of licenses for Tomb Raider, Deus Ex, Legacy of Cain, Thief, and many other titles, altogether about 50 games.
If you do not know the name Embracer Group, let’s mention that it is a former Nordic Games that has changed its name several times over the years, and brought under its wing many famous companies such as :
Koch Media, Deep Silver, Coffee Stain, Saber Interactive, Gearbox, Aspyr Media, 3D Realms, Ghost Ship Games, Slipgate Ironworks, Perfect World, Cryptic Studios, Beamdog, Dark Horse Media, and many more.
As far as we know, Crystal Dynamics is working on a new Tomb Raider game on Unreal Engine 5, Eidos-Montréal recently released Marvel’s Guardians of the Galaxy, a game that garnered great reviews but sales failed, while Square Enix was in charge of mobile titles. Montreal.
All three studios together employ over a thousand programmers, designers, and support workers. Although the figure agreed by Square Enix with Embracer Group seems small, I guess they know what they are doing, and according to their own capital they will invest in new projects, including blockchains, artificial intelligence, and cloud technologies.
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