Embracing Group announcedwin from Crystal Dynamics, eidos montreal and Square Enix Montreal, as well as related intellectual property, for a total of $300 million.
That’s why the group has brands like Tomb Raider, whose next game will be a remake of Unreal Engine 5. Deus Ex, thief, Cain’s legacy and more than fifty games formerly owned by Square Enix.
The acquisition also includes 1,100 employees across three studios and a total of eight international offices. The transaction is clearly awaiting regulatory approval: awaiting completion Between July and September 2022.
“We are excited to welcome these studios to the Embracer Group. We appreciate the fantastic intellectual property, world-class creative talent and record of excellence that has been showcased over the past decade,” said Lans Wingefors, CEO of Embracer Group.
“This is an excellent addition to our goals of creating high-quality games with great talent and growing our existing franchises to the best releases ever.”
Embracer Group has acquired a variety of realities for the inexperienced over the years in the video game space and beyond: from THQ to Koch Media / Deep Silver, from Gearbox Software to Coffee Stain Studios, from Dark Horse to Saber Interactive.
Source: Multiplayer
