So it’s big. Swedish hug group buys most of the Western division of Square Enix. Part of the shop for $300 million studios Crystal dynamics, Eidos Montreal and Square Enix Montrealincluding famous and popular video game brands such as Tomb Raider with Lara Croft, God Former, Thief and Cain’s Legacy.
The total acquisition includes approximately 1,100 employees across three studios and eight offices worldwide, as well as over 50 unspecified games from Square Enix’s back catalog.
“We are delighted to welcome these studios to the Embracer group. We recognize the fantastic intellectual property, top-notch creative talent and excellence that has been repeatedly demonstrated in recent decades. It was a great pleasure to meet with their top teams and discuss future plans on how they can fulfill their ambitions and become an important part of the Embracer Group.” says Lars Wingefors, co-founder and CEO of Embracer Group.
Source: Square EnixNew Tomb Raider with Lara Croft created on Unreal Engine 5
Phil Rogers, CEO of Square Enix Americas and Europe, added that the Embracer Group is in line with their ambition to build high-quality games in a sustainable manner and grow existing franchises.
Once this transaction is completed, Embracer Group will receive more than 14,000 employees, 10,000 developers and 124 own studios. More than 230 games are being developed as part of this research, and more than 30 of them are high-budget games.
The Embracer Group is made up of separate divisions of Amplifier Game Invest, Coffee Stain Holding, Dark Horse Media, DECA Games, Gearbox Entertainment, Koch Media, Saber Interactive and THQ Nordic. For example, in Koch Media we can find the Prague studio Warhorse (Kingdom Come: Deliverace), while in Saber we find 4A Games (Metro series) and in THQ Nordic Bratislava we can find Nine Rocks Games (Way of the Hunter) and Piranha Bytes (Gothic). , Risen and Elex series).
We learn of the acquisition shortly after Crystal Dynamics confirmed that they are preparing a brand new adventure for Larry Croft in Tomb Raider on Unreal Engine 5. They also support Marvel’s Avengers and help explore the Microsoft-led Initiative in the new Perfect Dark.
Eidos Montréal has Thief 4, Deus Ex Human Revolution and Shadow of the Tomb Raider. They are currently working on a number of AAA projects, including hit series news and new brands.
Square Enix Montréal specializes in mobile games, responsible for games such as Hitman GO, Tomb Raider GO and Deus Ex GO. According to the press release, they will continue to develop mobile games and create games based on the AAA brands.
Source :Indian TV
