Square Enix will divest itself of installments such as Tomb Raider and Deus Ex. The SE Montreal studio and Crystal Dynamics will also go to Embracer Group, its buyer.
The Japanese company Square Enix live times of changes, from bets on the future with the intention of promoting games Play to Earnwhich use cryptocurrencies, to the sale of different titles of the company and studios to Embracer Groupin exchange of 300 million Dollars.
The deal you will give embrace video games of the caliber of tomb Raider Y god ex It will become effective after the middle of the year, precisely between the months of July and September, where the Northern Hemisphere will be in summer, a common time for changes and proposals.
three studies, Square Enix Montreal, Eidos-Montreal Y Crystal Dynamics They will leave the coffers of the Japanese developer, along with around 1,100 employees, distributed among the aforementioned locations. To formalize the deal between companies, Embracer released a statement, in which both parties gave their opinion:
“embrace It is the perfect fit for our ambitions: to make high quality games, with great people, sustainability, and to grow our existing franchises to the best version of them all.” commented Phil Rogers, CEO from Square Enix in Europe Y America.
On the other hand, the buyers were happy about the agreement: “It has been a great pleasure meeting the leadership teams and discussing future plans for how they can realize their ambitions and become a big part of embrace” he said optimistically Lars Wingefors, CEO and co-founder of Embracer Group.
From Square Enixwho had already made public their opinion on the union that represents video games with cryptocurrencies, said that said agreement “will allow new investments in blockchain“, which is part of its ultimate goal: to have self-sustaining games.
Embracer Group adds part of a large company to its ranks, which joins the studios as Gunfire Games, Crazy Labs Y Nine Rocks Games, among many others. Such is the growth of the company in recent times that with the agreement it will have a total of 14,000 employees. How do you think your new alliance will affect those involved?