Jeff Grubb has heard rumors that Sony will acquire Square Enix, but cannot confirm them

Jeff Grubb has heard rumors that Sony will acquire Square Enix, but cannot confirm them

Yesterday Square Enix sold Crystal Dynamics, Eidos Montreal and Square Enix Montreal to Embracer Group for the sum of $300 million.
The transaction has sparked various speculations that the Japanese company's goal is actually to \"lighten up\" on the impending acquisition.
In this regard, VentureBeat reporter Jeff Grubb claims to have heard rumors that Square Enix will soon be acquired by Sony PlayStation, but he can't confirm the veracity of such rumors with certainty.Grubb himself hypothesized yesterday about a possible Square Enix acquisition on Twitter.
In his opinion, the sale of Western teams has allowed the company to optimize itself, thereby becoming more attractive for acquisition.
Not only that, for Grubb, the entire Square Enix CEO's interest in NFT and blockchain is simply a strategy to trap investors and maximize the results of acquisition negotiations.
Grubb claims, however, that he has no idea if a transaction is actually taking place.Later, Grubb returned to the topic, this time saying that he had heard rumors about a possible acquisition of Square Enix by Sony, but didn't have enough information about it to say so with any certainty.
\"I have said it a thousand times, but there is always someone who doesn't know: you never get enough information to say with certainty about an acquisition.
Sony's purchase of Square Enix would be a big rumor.
But I can't confirm it.
And I still don't know,\" says Grubb.
\"From the way it all works, no one wants to talk to us about acquisitions because of the legal implications.
Now you know as much as I do.
I think Square Enix is in the best position to acquire.
It doesn't mean anything.
These deals can fall through and not happen at all.
It always does.\"

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