Tomb Raider is no longer owned by Square Enix, same fate for Deus Ex and many other IPs in the company’s portfolio. Company Embracer group announced the acquisition of Eidos Montreal, Square Enix Montreal and Crystal Dynamics. All in all, the operation will cost $300 million.
The European company has been pursuing a major acquisition strategy for some time and also recently bought Perfect World, Spotfix Network, Dark Horse, DIGIC and Shiver Entertainment, as well as Gearbox Publishing, Gearbox Software and several other companies.
The latest addition concerns a total of all offices and offices of the studios, for a total of eight different offices spread around the world and no fewer than 1,100 committed employees. And then some of the most important and recognized IPs in the video game world, including Tomb Raider, Deus ExThief and inheritance of Cain.
Daniel Ahmad, Analyst at Niko Partners, explains that: Square Enix he had been trying to sell the studios in question for quite some time, mainly because the most recent episodes of their respective sagas had not produced the desired result. Too expensive and too few copies sold. Moral, from this summer, when the operation is due to be completed, take care of writing the future of Lara Croft it will be the job of the Embracer.
Square Enix thus returns to its origins: away from Western studies and focus on Japanese studies, the only ones currently achieving significant results.
Source: Lega Nerd
