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RSS FeedsEmbracer acquires Tomb Raider, Deus Ex, and their studios from Square Enix
(Windows Phone Central)


2 may 2022 09:01:00

Embracer acquires Tomb Raider, Deus Ex, and their studios from Square Enix
(Windows Phone Central)

New Deus Ex, Tomb Raider, and Legacy of Kain games could be on the way. Recently, Microsoft entered into an agreement with Square Enix to have Crystal Dynamics work with The Initiative to build the upcoming sci-fi FPS Perfect Dark for Xbox, leading to expectations that someday, Microsoft may end up acquiring Crystal Dynamics outright. It seems that another company has beat them to the punch. Embracer Group has been on an acquisition spree in recent years, buying up masses of core studios from across the spectrum, and today, the company has acquired a whole load more from Square Enix. Embracer has officially snapped up Crystal Dynamics, Eidos Montreal, and Square Enix Montreal, and a range of familiar western IP including Deus Ex, Tomb Raider, Thief, Legacy of Kain, and `50` back catalogue titles from the Japanese publisher. Embracer`s headcount will swell by more than 1100 employees as a result of the deal, which amounts to $300 million USD in cash to be paid once the deal fully c...

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