Eidos Montreal and Crystal Dynamics issued a joint statement parting ways with Square Enix

Eidos Montreal and Crystal Dynamics issued a joint statement parting ways with Square Enix

Eidos Montreal and Crystal Dynamics issued a joint statement parting ways with Square Enix and joining Embracer Group, the European holding company that acquired the two companies along with Square Enix Montreal.
Eidos, Square Enix Montreal and Crystal Dynamics were acquired for $300 million, along with such franchises as Tomb Raider, Deus Ex, Thief and Legacy of Kain.
Both companies posted a message on social media:A new chapter in our long history begins today with the announcement that we are joining the Embracer Group family.
Embracer will support us and help us reach new heights as we continue to bring you experiences based on our franchise catalog, while creating original ideas and new IP developed with other partners.
We want to thank our fans for being with us on this journey, the best is yet to come.Square Enix has sold major Western IPs, but the company has made it clear that it will continue to invest in the West with franchises like Life is Strange, Just Cause and Outriders, which are published by outside studios under the Square Enix External Studios label.
The move was certainly unexpected and opens up new scenarios: Embracer Group will take ownership of popular series such as Tomb Raider, as well as IPs in need of a revival, such as Deus Ex.

Post a Comment

0 Comments