The distribution of cards continues and a wish is fulfilled that both franchise fans and the studios themselves have been whispering for some time every time they blew out the candles. Eidos, Crystal Dynamics and Square Enix Montreal will have a new home away from the umbrella of Square Enix.
This has been announced Embracer Groupalready well known in this matter of acquisitions after owning large studio groups such as THQ Nordic, Gearbox or Koch Media, by putting on the table $300 million (about 285 million euros at the current exchange rate) that also serve to add the main IP of said studies.
The pack could not be juicier. On the front page are Tomb Raider, Deus Ex, Legacy of Kain or Thief, but they speak of a catalog of more than 50 titles and back catalog franchises that, according to the group’s enthusiasm when it comes to revitalizing franchises, will not be lacking of opportunities.
“We are excited to welcome these studios into the Embracer Group. We recognize the fantastic IP, the world-class creative talent, and the record-breaking path of excellence they have demonstrated time after time over the past decades.
It has been a pleasure meeting with the team leaders and discussing their future plans and how they can realize their ambitions and become an important part of Embracer.”
The sum of the three studies adds to Embracer Group a total of 1,100 employees through eight offices around the globe who will continue working to bring triple A experiences based on the aforementioned franchises.
In the absence of the approval of the usual regulatory bodies, the operation already has the approval of both studies and the company itself. Square Enix and aims to close between July and September of this year.
Through its own press release, from Square Enix They assure that the sale will allow the company to continue growing and face new challenges in fields such as blockchain, artificial intelligence and the cloud.