Japanese game company Square Enixhas moved on to sell the studios behind the “Tomb Raider”, “Deux Ex” and “Thief” series. Seems like Embracer Groupwants to take Square Enix’s presence in the Western world.
Between Square Enix and Embracer Group $300 million dealcontains the famous games and game studios of the Japanese company. In agreement Crystal Dynamics, Eidos-Montreal and Square Enix Montreal studios will be disposed of.
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Embracer buys Square Enix games for $300 million
Embracer Group has announced that it will buy most of Square Enix’s development teams in the West for $300 million. The agreement, which is expected to be completed in the July-September quarter; It will cause famous game franchises such as “Tomb Raider”, “Deux Ex” and “Thief” to change hands.
This sale, which was confirmed in the past hours, was the last of the huge deal rush in the gaming industry. The agreement, which is thought to affect 1,100 employees in total; Crystal Dynamics includes studios Eidos-Montreal and Square Enix Montreal.
Embracer Group, which has increased its reputation in the European and US gaming world with the acquisitions, has a big budget after the agreement. 30 AAA games He will have captured more than 230 productions, including
Square Enix”just cause“, “outriders” and “Life is StrangeSaying that he still has the production rights, he made the following statements regarding the agreement:
“The company’s development team will include its studios in Japan—Square Enix External Studios and Square Enix Collective. The company’s overseas studios Just Cause, Outriders and Life is Strange will continue to publish series such as
Embracer upon completion of the agreement; THQ Nordic, Deep SilverSaber Interactive and Gearbox Software will own 124 game development firms, including studios such as
After the sale of the famous series “Final Fantasy” and “Dragon QuestSquare Enix, which is thought to turn to ” franchises, also blockchain, artificial intelligence and cloudy It was also stated that it will invest in areas such as
Last year, the Tokyo-based firm, metaverse games He said that he was reviewing the product range to adapt to the changes in the industry, such as
So what do you think about this huge sale from the Square Enix front? Give your feedback in the comments section or SDN ForumYou can share it with us.